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Delek US Holdings (STU:DEH) Accounts Receivable : €765 Mil (As of Mar. 2024)


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What is Delek US Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Delek US Holdings's accounts receivables for the quarter that ended in Mar. 2024 was €765 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Delek US Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 23.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Delek US Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-63.62.

Delek US Holdings Accounts Receivable Historical Data

The historical data trend for Delek US Holdings'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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Delek US Holdings Accounts Receivable Chart

Delek US Holdings 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 713.34 433.93 687.29 1,165.27 718.65

Delek US Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only 791.85 926.23 1,093.39 718.65 765.16

Delek US Holdings Accounts Receivable Calculation

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

Delek US Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=765.164/2969.392*91
=23.51

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

Delek US Holdings'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)
=(693.128+0.75 * 765.164+0.5 * 954.776-5653.584
-0-165.508)/64.0505
=-63.62

* 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.

Delek US Holdings Accounts Receivable Related Terms

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Delek US Holdings (STU:DEH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Delek US Holdings Inc (STU:DEH) » Definitions » Accounts Receivable
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DKL PARR WKC CAPL CLNE CVI SGU FGPR LKCRU AMTX NSE:RELIANCE MPC PSX VLO NSE:IOC TPE:6505 OHEL:NESTE XKAZ:KMGZ BOM:500547 TSE:5020
Traded in Other Exchanges
DK:USA DEH:Germany
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Website
https://www.delekus.com
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation, and storage; wholesale crude oil, intermediate, and refined products, and convenience store retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. Delek's logistics segment sells portions of the petroleum products its refineries produce. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.