GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sylvamo Corp (NYSE:SLVM) » Definitions » Accounts Receivable

Sylvamo (Sylvamo) Accounts Receivable : $393 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Sylvamo Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sylvamo's accounts receivables for the quarter that ended in Mar. 2024 was $393 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sylvamo's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 39.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sylvamo's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-30.41.


Sylvamo Accounts Receivable Historical Data

The historical data trend for Sylvamo'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.

Sylvamo Accounts Receivable Chart

Sylvamo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 493.00 398.00 391.00 450.00 428.00

Sylvamo Quarterly Data
Dec18 Dec19 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 416.00 416.00 403.00 428.00 393.00

Sylvamo Accounts Receivable Calculation

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


Sylvamo 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=393/905*91
=39.63

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

Sylvamo'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)
=(149+0.75 * 393+0.5 * 407-1908
-0-0)/41.4617
=-30.41

* 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.


Sylvamo Accounts Receivable Related Terms

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


Sylvamo (Sylvamo) Business Description

Traded in Other Exchanges
Address
6077 Primacy Parkway, Memphis, TN, USA, 38119
Sylvamo Corp is an uncoated papers company with a broad portfolio of top-tier brands and low-cost, large-scale paper mills, it produces uncoated freesheet (UFS) for paper products such as cut size and offset paper, as well as market pulp. The company offers Copy and Printer papers, Commercial Printing papers, Converting papers, and Specialty papers. It operates in three geographical segments: Europe, Latin America, and North America.
Executives
Hirschfeld Tatiana Kalman officer: SVP & GM, Latin America C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
John V Sims director, officer: SVP & Chief Financial Officer C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Karl L Meyers director C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
Kevin W Ferguson officer: VP, Controller,Chief Acct.Off. C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Thomas A Cleves officer: SVP, Corporate Affairs C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Mark Wilde director C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
International Paper Co /new/ 10 percent owner 6400 POPLAR AVENUE, MEMPHIS TN 38197
Matthew Barron officer: SVP, Gen Counsel & Secretary C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Atlas Capital Resources Gp Iv Llc 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Gp Iv Lp 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Acr Group Paper Holdings Lp 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky 10 percent owner
Timothy J Fazio 10 percent owner ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Acr Group Paper Holdings Jr Gp Llc 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830

Sylvamo (Sylvamo) Headlines

From GuruFocus

Sylvamo to Release Fourth Quarter Earnings Feb. 10

By Business Wire Business Wire 01-10-2023

Sylvamo to Release Third Quarter Earnings Nov. 9

By Business Wire 10-09-2023

Sylvamo Announces Dividend, Share Repurchase Program

By Business Wire Business Wire 05-19-2022

Sylvamo Announces Dividend

By Business Wire Business Wire 05-16-2023

Sylvamo Quarterly Results Meet Guidance

By Business Wire 08-09-2023

Sylvamo to Release Third Quarter Earnings Nov. 10

By Business Wire Business Wire 10-13-2022

Sylvamo to Release First-Quarter Earnings May 11

By Business Wire Business Wire 04-11-2022