AMAG Austria Metall AG (WBO:AMAG) Accounts Receivable : €154 Mil (As of Dec. 2023)

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What is AMAG Austria Metall AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AMAG Austria Metall AG's accounts receivables for the quarter that ended in Dec. 2023 was €154 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AMAG Austria Metall AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AMAG Austria Metall AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-10.58.

AMAG Austria Metall AG Accounts Receivable Historical Data

The historical data trend for AMAG Austria Metall AG'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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AMAG Austria Metall AG Accounts Receivable Chart

AMAG Austria Metall AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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117.55

113.34

153.68

166.75

153.84

AMAG Austria Metall AG 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															153.68	215.03	166.75	196.21	153.84

AMAG Austria Metall AG Accounts Receivable Calculation

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

AMAG Austria Metall AG 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.

AMAG Austria Metall AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	153.839	/	662.797	*	91
=	42.36

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

AMAG Austria Metall AG'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)
=	(168.937	+	0.75 * 153.839	+	0.5 * 433.103	-	873.909
-	0	-	0)	/	35.264
=	-10.58

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.

AMAG Austria Metall AG Accounts Receivable Related Terms

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AMAG Austria Metall AG (WBO:AMAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AMAG Austria Metall AG (WBO:AMAG) » Definitions » Accounts Receivable

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Traded in Other Exchanges

AM8:Germany

Address

Lamprechtshausener Strasse 61, P.O. Box 3, Braunau-Ranshofen, Ranshofen, AUT, A-5282

Website

https://www.amag-al4u.com

AMAG Austria Metall AG produces and sells high-quality cast and rolled aluminum products. The firm organizes its segments based on function. The metal segment purchases aluminum scrap and produces aluminum. The casting segment produces high-quality cast aluminum alloys for use by the automotive and electrical engineering industries. The rolling segment, which generates the majority of revenue, manufactures high-quality rolled aluminum products such as sheets, strips, and plates for use in the automotive, sports, engineering, and transportation markets. The segment also produces foil for packaging industries. The majority of revenue is generated in Western Europe and Austria.