A.O. Smith (BSP:A1OS34) Accounts Receivable : R$2,911 Mil (As of Mar. 2024)

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What is A.O. Smith Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. A.O. Smith's accounts receivables for the quarter that ended in Mar. 2024 was R$2,911 Mil.

Accounts receivable can be measured by Days Sales Outstanding. A.O. Smith's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. A.O. Smith's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R$-10.05.

A.O. Smith Accounts Receivable Historical Data

The historical data trend for A.O. Smith'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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A.O. Smith Accounts Receivable Chart

A.O. Smith Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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2,419.60

3,009.65

3,587.47

3,048.63

2,920.28

A.O. Smith 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															3,056.41	2,858.34	2,900.99	2,920.28	2,911.19

A.O. Smith Accounts Receivable Calculation

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

A.O. Smith 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.

A.O. Smith's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2911.191	/	4874.228	*	91
=	54.50

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

A.O. Smith'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)
=	(1509.377	+	0.75 * 2911.191	+	0.5 * 2600.95	-	6475.732
-	0	-	0)	/	147.527
=	-10.05

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.

A.O. Smith Accounts Receivable Related Terms

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A.O. Smith (BSP:A1OS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A.O. Smith Corp (BSP:A1OS34) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AOS:USA 3SM:Germany

Address

11270 West Park Place, P. O. Box 245008, Suite 170, Milwaukee, WI, USA, 53224-9508

Website

https://www.aosmith.com

A.O. Smith Corporation manufactures and markets comprehensive lines of residential and commercial gas, gas tankless, and electric water heaters. Supplementary products include water heating equipment, condensing and noncondensing boilers, and water system tanks. The company's two operating segments are by geographic region: North America (majority of total revenue) and the Rest of the World. A material portion of sales in North America derive from replacing existing products, and the company utilizes a wholesale distribution channel and multiple selling locations. The Rest of the World segment sells majorly in Asian countries and operates sales offices to expand distribution and market its product portfolio.

A.O. Smith (BSP:A1OS34) Headlines

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