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Autogrill SpA (MIL:AGL) Accounts Receivable : €51 Mil (As of Dec. 2022)


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What is Autogrill SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Autogrill SpA's accounts receivables for the quarter that ended in Dec. 2022 was €51 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Autogrill SpA's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 3.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Autogrill SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-6.79.


Autogrill SpA Accounts Receivable Historical Data

The historical data trend for Autogrill SpA'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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Autogrill SpA Accounts Receivable Chart

Autogrill SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.97 55.42 36.70 45.77 50.67

Autogrill SpA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 36.70 35.73 45.77 58.33 50.67

Autogrill SpA Accounts Receivable Calculation

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


Autogrill SpA 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.

Autogrill SpA's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=50.665/2551.105*91
=3.62

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

Autogrill SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(531.946+0.75 * 50.665+0.5 * 133.291-3170.393
-0-57.146)/381.852
=-6.79

* 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.


Autogrill SpA Accounts Receivable Related Terms

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Autogrill SpA (MIL:AGL) Business Description

Traded in Other Exchanges
N/A
Address
Centro Direzionale Milanofiori, Palazzo Z, Strada 5, Rozzano, ITA, 20089
Autogrill SpA operates thousands of food and beverage concession stands designed mostly for travellers. It has thousands of locations along motorways and in airports, train stations, and shopping centers. Autogrill's concession stands operate both as proprietary brands, such as Ciao, Bistrot, Puro Gusto, Motta, and Beaudeven, as well as licensed local and international brands, such as Starbucks, Burger King, and Brioche Doree. Roughly half of the company's revenue is generated in North America, where the company has most of its airport locations. The remaining revenue comes from Europe, where the company has far more total locations consisting mostly of locations along motorways in Italy and other parts of Europe.