GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dentsu Group Inc (FRA:DEN) » Definitions » Accounts Receivable

Dentsu Group (FRA:DEN) Accounts Receivable : €9,522 Mil (As of Mar. 2024)


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

What is Dentsu Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dentsu Group's accounts receivables for the quarter that ended in Mar. 2024 was €9,522 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dentsu Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 425.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dentsu Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-29.68.


Dentsu Group Accounts Receivable Historical Data

The historical data trend for Dentsu Group'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.

Dentsu Group Accounts Receivable Chart

Dentsu Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,747.96 10,242.77 11,500.07 10,719.12 9,708.00

Dentsu Group 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 10,100.01 8,986.08 9,291.40 9,708.00 9,521.83

Dentsu Group Accounts Receivable Calculation

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


Dentsu Group 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.

Dentsu Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9521.831/2044.29*91
=425.02

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

Dentsu Group'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)
=(1832.194+0.75 * 9521.831+0.5 * 80.272-16400.765
-0-460.913)/264.463
=-29.68

* 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.


Dentsu Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Dentsu Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Dentsu Group (FRA:DEN) Business Description

Traded in Other Exchanges
Address
1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group Inc is a Japanese international advertising and public relations company that provides communication-related solutions and services such as management and business consulting. Dentsu is one of the world's largest advertising agencies. The company operates through its nine global network brands--Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, MKTG, Posterscope and Vizeum--as well as through its specialist/multi-market brands. It is also active in the production and marketing of sports and entertainment content on a global scale. The company earns a majority of its revenue in Japan, followed by Europe and the Americas, while operating in over 100 countries around the world.