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Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Accounts Receivable : €2,209 Mil (As of Dec. 2023)


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What is Construcciones y Auxiliar de Ferrocarriles Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Construcciones y Auxiliar de Ferrocarriles's accounts receivables for the quarter that ended in Dec. 2023 was €2,209 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Construcciones y Auxiliar de Ferrocarriles's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-50.63.


Construcciones y Auxiliar de Ferrocarriles Accounts Receivable Historical Data

The historical data trend for Construcciones y Auxiliar de Ferrocarriles'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.

Construcciones y Auxiliar de Ferrocarriles Accounts Receivable Chart

Construcciones y Auxiliar de Ferrocarriles 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 1,391.52 1,376.92 1,533.39 1,903.94 2,209.25

Construcciones y Auxiliar de Ferrocarriles Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 501.64 - 1,903.94 1,587.29 2,209.25

Construcciones y Auxiliar de Ferrocarriles Accounts Receivable Calculation

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


Construcciones y Auxiliar de Ferrocarriles 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.

Construcciones y Auxiliar de Ferrocarriles's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2209.245/0*91
=

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

Construcciones y Auxiliar de Ferrocarriles's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(568.239+0.75 * 2209.245+0.5 * 477.138-4184.171
-0-12.946)/34.2374
=-50.63

* 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.


Construcciones y Auxiliar de Ferrocarriles Accounts Receivable Related Terms

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Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Business Description

Traded in Other Exchanges
Address
Jose Miguel Iturrioz, 26, Guipuzcoa, Beasain, ESP, 20200
Construcciones y Auxiliar de Ferrocarriles SA is a Spain-based company that offers comprehensive railway solutions. The company's train-related products comprise high-speed rolling stock, wheelsets, traction and communication systems, signaling systems, and related services including vehicle maintenance, vehicle upgrading and refurbishment, and aftersales technical supports. In addition to supplying train-related products, the company also helps customers conduct viability studies, civil work, electrification projects, and system operation. The company operates under concession or turnkey models. Construcciones y Auxiliar de Ferrocarriles has a global presence, with Europe and Brazil being the two largest markets.

Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Headlines

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