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Plastic Omnium (XSWX:POM) Accounts Receivable : CHF956 Mil (As of Dec. 2023)


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What is Plastic Omnium Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Plastic Omnium's accounts receivables for the quarter that ended in Dec. 2023 was CHF956 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Plastic Omnium's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 36.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Plastic Omnium's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was CHF-24.12.


Plastic Omnium Accounts Receivable Historical Data

The historical data trend for Plastic Omnium'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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Plastic Omnium Accounts Receivable Chart

Plastic Omnium 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 908.25 887.04 767.27 991.69 956.07

Plastic Omnium 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 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 767.27 910.41 991.69 1,262.46 956.07

Plastic Omnium Accounts Receivable Calculation

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


Plastic Omnium 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.

Plastic Omnium's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=956.068/4734.844*91
=36.85

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

Plastic Omnium'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)
=(601.154+0.75 * 956.068+0.5 * 901.372-5251.903
-0-32.645)/145.732
=-24.12

* 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.


Plastic Omnium Accounts Receivable Related Terms

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Plastic Omnium (XSWX:POM) Business Description

Traded in Other Exchanges
Address
1, Allee Pierre-Burelle, Levallois-Perret, Paris, FRA, 92300
Plastic Omnium is a producer and supplier of automotive body parts and fuel systems. The company operates two business segments: Plastic Omnium Industries and Plastic Omnium Modules. The Industries division manufactures and sells automotive body parts, such as bumpers and tailgates, and fuel systems, including clean energy systems, exclusively to carmakers. The Modules division includes front-end modules assembly and logistics. The company owns a controlling stake in HBPO, which develops and distributes complex automotive technological elements. The company operates in Europe, North America, Asia, South America, and Africa, with carmakers as its main clients. Plastic Omnium generates the majority of its revenue in Europe and North America.