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Alcomet AD (XBUL:ALCM) Accounts Receivable : лв71.5 Mil (As of Dec. 2022)


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What is Alcomet AD Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alcomet AD's accounts receivables for the quarter that ended in Dec. 2022 was лв71.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alcomet AD's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 18.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alcomet AD's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was лв-4.27.


Alcomet AD Accounts Receivable Historical Data

The historical data trend for Alcomet AD'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.

Alcomet AD Accounts Receivable Chart

Alcomet AD 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 43.90 38.94 49.53 80.37 71.52

Alcomet AD Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 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 43.90 38.94 49.53 80.37 71.52

Alcomet AD Accounts Receivable Calculation

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


Alcomet AD 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=71.516/689.439*91
=18.93

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

Alcomet AD'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)
=(0.712+0.75 * 71.516+0.5 * 135.48-198.7
-0-0)/17.953
=-4.27

* 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.


Alcomet AD Accounts Receivable Related Terms

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Alcomet AD (XBUL:ALCM) Business Description

Traded in Other Exchanges
N/A
Address
Second Industrial Zone, Shumen, BGR, 9700
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

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