Origin Enterprises (LSE:OGN) Accounts Receivable : €299 Mil (As of Jan. 2024)

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What is Origin Enterprises Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Origin Enterprises's accounts receivables for the quarter that ended in Jan. 2024 was €299 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Origin Enterprises's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 63.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Origin Enterprises's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was €-3.64.

Origin Enterprises Accounts Receivable Historical Data

The historical data trend for Origin Enterprises'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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Origin Enterprises Accounts Receivable Chart

Origin Enterprises Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Receivable

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475.88

362.11

381.61

397.13

440.40

Origin Enterprises Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															347.20	397.13	360.66	440.40	298.66

Origin Enterprises Accounts Receivable Calculation

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

Origin Enterprises 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.

Origin Enterprises's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	298.655	/	854.913	*	91
=	63.75

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

Origin Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(86.552	+	0.75 * 298.655	+	0.5 * 322.334	-	875.696
-	0	-	0)	/	110.922
=	-3.64

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.

Origin Enterprises Accounts Receivable Related Terms

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Origin Enterprises (LSE:OGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Origin Enterprises PLC (LSE:OGN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ORENF:USA OIZ:Ireland OIZ:Germany

Address

4-6 Riverwalk, Citywest Business Campus, Dublin, IRL, 24

Website

https://www.originenterprises.com

Origin Enterprises PLC is an agri-service business with operations throughout Europe. It provides technologies and strategic products to support food production systems for primary food producers. The company acts as an advisor for varietal selection, nutrition, crop protection, and other techniques to improve crop performance. Fertilizers, animal feed, seeds, and other agricultural supplements are sold to enhance farming productivity. It delivers products to farms from local distribution centers, and agronomists study the timing of applications to achieve the best results for customers. Farm visitations happen throughout each year, and soil and tissue analysis is conducted to either stop deficiencies or prevent future occurrences.