GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izhstal PAO (MIC:IGST) » Definitions » Accounts Receivable

Izhstal PAO (MIC:IGST) Accounts Receivable : ₽2,306 Mil (As of Dec. 2021)


View and export this data going back to 2012. Start your Free Trial

What is Izhstal PAO Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Izhstal PAO's accounts receivables for the quarter that ended in Dec. 2021 was ₽2,306 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Izhstal PAO's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 15.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Izhstal PAO's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was ₽-10,917.39.


Izhstal PAO Accounts Receivable Historical Data

The historical data trend for Izhstal PAO'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.

Izhstal PAO Accounts Receivable Chart

Izhstal PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,602.97 1,999.54 1,341.44 1,231.04 2,305.82

Izhstal PAO Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,602.97 1,999.54 1,341.44 1,231.04 2,305.82

Izhstal PAO Accounts Receivable Calculation

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


Izhstal PAO 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.

Izhstal PAO's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2305.821/27946.669*91
=15.06

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

Izhstal PAO's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(86.635+0.75 * 2305.821+0.5 * 5459.187-16201.435
-0-0)/1.06764
=-10,917.39

* 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.


Izhstal PAO Accounts Receivable Related Terms

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


Izhstal PAO (MIC:IGST) Business Description

Traded in Other Exchanges
Address
Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

Izhstal PAO (MIC:IGST) Headlines

No Headlines