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Grupo Empresarialn Jose (XMAD:GSJ) Accounts Receivable : €369 Mil (As of Dec. 2023)


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What is Grupo Empresarialn Jose Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Grupo Empresarialn Jose's accounts receivables for the quarter that ended in Dec. 2023 was €369 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Grupo Empresarialn Jose's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 93.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Grupo Empresarialn Jose's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-3.57.


Grupo Empresarialn Jose Accounts Receivable Historical Data

The historical data trend for Grupo Empresarialn Jose'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.

Grupo Empresarialn Jose Accounts Receivable Chart

Grupo Empresarialn Jose 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 247.01 247.76 254.98 273.36 368.87

Grupo Empresarialn Jose Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 273.36 407.64 366.87 456.57 368.87

Grupo Empresarialn Jose Accounts Receivable Calculation

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


Grupo Empresarialn Jose 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.

Grupo Empresarialn Jose's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=368.873/360.76*91
=93.30

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

Grupo Empresarialn Jose'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)
=(411.683+0.75 * 368.873+0.5 * 69.097-919.562
-0-35.536)/65.0261
=-3.57

* 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.


Grupo Empresarialn Jose Accounts Receivable Related Terms

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Grupo Empresarialn Jose (XMAD:GSJ) Business Description

Traded in Other Exchanges
Address
Rosalia de Castro, 44, Pontevedra, ESP, 36001
Grupo Empresarial San Jose SA is a holding company. It constructs hospitals, buildings and facilities, energy power plants, and infrastructure projects, as well as conserves parks and gardens; and undertakes civil, and engineering and industrial construction works. The company also researches and develops energy efficiency and renewable energy projects; and provides consultancy and project management services for real estate management, technology, and development projects.

Grupo Empresarialn Jose (XMAD:GSJ) Headlines

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