Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WestRock Co's accounts receivables for the quarter that ended in Mar. 2024 was $2,584 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
WestRock Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 49.88.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WestRock Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-51.22.
WestRock Co Accounts Receivable Historical Data
The historical data trend for WestRock Co'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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
WestRock Co 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.
WestRock Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
* 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.
WestRock Co Accounts Receivable Related Terms
Thank you for viewing the detailed overview of WestRock Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WRK has been successfully added to your 