GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wiz Co Participacoes e Corretagem de Seguros SA (BSP:WIZC3) » Definitions » Accounts Receivable

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Accounts Receivable : R$139 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Wiz Co Participacoes e Corretagem de Seguros Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wiz Co Participacoes e Corretagem de Seguros's accounts receivables for the quarter that ended in Mar. 2024 was R$139 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wiz Co Participacoes e Corretagem de Seguros's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 35.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wiz Co Participacoes e Corretagem de Seguros's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R$-12.06.


Wiz Co Participacoes e Corretagem de Seguros Accounts Receivable Historical Data

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

Wiz Co Participacoes e Corretagem de Seguros Accounts Receivable Chart

Wiz Co Participacoes e Corretagem de Seguros 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 59.83 65.93 49.44 122.65 128.46

Wiz Co Participacoes e Corretagem de Seguros 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 128.24 138.42 129.51 128.46 139.21

Wiz Co Participacoes e Corretagem de Seguros Accounts Receivable Calculation

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


Wiz Co Participacoes e Corretagem de Seguros 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.

Wiz Co Participacoes e Corretagem de Seguros's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=139.21/354.519*91
=35.83

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Wiz Co Participacoes e Corretagem de Seguros's accounts receivable are only considered to be worth 75% of book value:

Wiz Co Participacoes e Corretagem de Seguros'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)
=(64.272+0.75 * 139.21+0.5 * 0-1399.414
-0-696.971)/159.907
=-12.06

* 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.


Wiz Co Participacoes e Corretagem de Seguros Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Wiz Co Participacoes e Corretagem de Seguros's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Business Description

Traded in Other Exchanges
N/A
Address
Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904
Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Headlines

No Headlines