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Edel SE KGaA (XTER:EDL) Accounts Receivable : €47.2 Mil (As of Sep. 2023)


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What is Edel SE KGaA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Edel SE KGaA's accounts receivables for the quarter that ended in Sep. 2023 was €47.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Edel SE KGaA's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 66.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Edel SE KGaA's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-3.93.


Edel SE KGaA Accounts Receivable Historical Data

The historical data trend for Edel SE 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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Edel SE KGaA Accounts Receivable Chart

Edel SE KGaA Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.03 39.94 45.86 52.38 47.25

Edel SE KGaA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 45.86 47.20 52.38 48.67 47.25

Edel SE KGaA Accounts Receivable Calculation

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


Edel SE 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.

Edel SE KGaA's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=47.247/129.359*91
=66.66

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

Edel SE KGaA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(16.497+0.75 * 47.247+0.5 * 16.328-142.627
-0-1.082)/21.2746
=-3.93

* 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.


Edel SE KGaA Accounts Receivable Related Terms

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Edel SE KGaA (XTER:EDL) Business Description

Traded in Other Exchanges
Address
Neumuehlen 17, Hamburg, SH, DEU, 22763
Edel SE & Co KGaA is an independent media company. The Edel Group divides its operational business into three business areas which are Manufacturing & Distribution, Music & Entertainment, and Books. The company offers artists, authors, labels, publishers, and other rights holders, different types of products and services. The company has two reportable segments which are Manufacturing and logistics and Marketing and sales. The company generates the majority of its revenue from Manufacturing and logistics. Geographically company generates revenues from Great Britain, Germany, Ireland, USA, France, and others.

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