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Americanas (BSP:AMER3) Accounts Receivable : R$2,011 Mil (As of Sep. 2023)


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What is Americanas Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Americanas's accounts receivables for the quarter that ended in Sep. 2023 was R$2,011 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Americanas's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 56.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Americanas's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was R$-53.27.


Americanas Accounts Receivable Historical Data

The historical data trend for Americanas'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.

* Premium members only.

Americanas Accounts Receivable Chart

Americanas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.49 762.15 1,838.92 7,005.18 5,470.10

Americanas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 5,375.79 5,470.10 3,629.00 2,557.00 2,011.00

Americanas Accounts Receivable Calculation

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


Americanas 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2011/3261*91
=56.27

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

Americanas'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)
=(3558+0.75 * 2011+0.5 * 2411-54351
-0-0)/902.522
=-53.27

* 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.


Americanas Accounts Receivable Related Terms

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Americanas (BSP:AMER3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Sacadura Cabral, 102, Rio de Janeiro, RJ, BRA, 20081-902
Americanas SA is an e-commerce company that is principally engaged in business in Latin America. It aims to connect consumers, businesses, products, and services through a digital platform. It operates a business through the brands Americanas.com, Submarino, Shoptime, SouBarato, Digital Finance, Submarino Finance, and B2W Services. It also has certain channels, including the Internet, telesales, catalogs, TV, and kiosks. Through multichannel and multi-brand, the company provides a broad range of merchandise and services, including consumer electronics, computers, books, entertainment products, and smartphones and cellphones.

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