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Aalberts NV (LTS:0NX1) Accounts Receivable : €392 Mil (As of Dec. 2023)


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What is Aalberts NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aalberts NV's accounts receivables for the quarter that ended in Dec. 2023 was €392 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aalberts NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aalberts NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-7.67.


Aalberts NV Accounts Receivable Historical Data

The historical data trend for Aalberts NV'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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Aalberts NV Accounts Receivable Chart

Aalberts NV 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 338.50 323.60 336.70 380.60 392.40

Aalberts NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 336.70 451.40 380.60 473.30 392.40

Aalberts NV Accounts Receivable Calculation

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


Aalberts NV 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.

Aalberts NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=392.4/1606.8*91
=44.57

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

Aalberts NV'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)
=(119.7+0.75 * 392.4+0.5 * 822.6-1621
-0-52.1)/110.58
=-7.67

* 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.


Aalberts NV Accounts Receivable Related Terms

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Aalberts NV (LTS:0NX1) Business Description

Traded in Other Exchanges
Address
Stadsplateau 18, WTC Utrecht, Utrecht, UT, NLD, NL-3521
Aalberts NV develops technologies and projects to enhance building and product efficiencies. It offers valve and control technologies, specialized manufacturing processes, and piping systems to distribute water and gas. The firm has two operating segments: Building Technology and Industrial Technology. The services provided rely on technology know-how and a global network of locations to provide informed and timely responses. Aalberts has an extended portfolio of metal and plastic for new builds, renovations, and repairs to existing structures.

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