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CEWE Stiftung KGaA (XTER:CWC) Accounts Receivable : €35.9 Mil (As of Mar. 2024)


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What is CEWE Stiftung KGaA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CEWE Stiftung KGaA's accounts receivables for the quarter that ended in Mar. 2024 was €35.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CEWE Stiftung KGaA's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 18.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CEWE Stiftung KGaA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-7.48.


CEWE Stiftung KGaA Accounts Receivable Historical Data

The historical data trend for CEWE Stiftung KGaA's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CEWE Stiftung KGaA Accounts Receivable Chart

CEWE Stiftung KGaA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.16 85.34 78.92 98.15 91.12

CEWE Stiftung KGaA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.58 36.28 41.55 91.12 35.92

CEWE Stiftung KGaA Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


CEWE Stiftung KGaA Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

CEWE Stiftung KGaA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35.918/173.976*91
=18.84

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), CEWE Stiftung KGaA's accounts receivable are only considered to be worth 75% of book value:

CEWE Stiftung KGaA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(86.659+0.75 * 35.918+0.5 * 60.029-195.919
-0-0)/6.99292
=-7.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


CEWE Stiftung KGaA Accounts Receivable Related Terms

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CEWE Stiftung KGaA (XTER:CWC) Business Description

Traded in Other Exchanges
Address
Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
Executives
Jörg Waskönig Member of the board of trustees of Neumüller CEWE COLOR Stiftung
Patrick Berkhouwer Board of Directors
Dr. Reiner Fageth Board of Directors
Dr. Olaf Holzkämper Board of Directors
Otto Korte Supervisory Board
Christina Sontheim-leven Board of Directors
Dr. Christian Friege Board of Directors

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