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Cherkizovo Group PJSC (MIC:GCHE) Accounts Receivable : ₽11,589 Mil (As of Dec. 2023)


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What is Cherkizovo Group PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cherkizovo Group PJSC's accounts receivables for the quarter that ended in Dec. 2023 was ₽11,589 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cherkizovo Group PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 17.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cherkizovo Group PJSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₽-2,513.30.


Cherkizovo Group PJSC Accounts Receivable Historical Data

The historical data trend for Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC Accounts Receivable Chart

Cherkizovo Group PJSC 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 5,476.00 5,745.00 8,708.00 9,256.00 11,589.00

Cherkizovo Group PJSC 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 8,708.00 7,310.00 9,256.00 8,957.00 11,589.00

Cherkizovo Group PJSC Accounts Receivable Calculation

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


Cherkizovo Group PJSC 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.

Cherkizovo Group PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11589/123899*91
=17.07

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

Cherkizovo Group PJSC'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)
=(15262+0.75 * 11589+0.5 * 67937-163710
-0-329)/42.222
=-2,513.30

* 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.


Cherkizovo Group PJSC Accounts Receivable Related Terms

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Cherkizovo Group PJSC (MIC:GCHE) Business Description

Traded in Other Exchanges
N/A
Address
1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931
Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.

Cherkizovo Group PJSC (MIC:GCHE) Headlines

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