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HORNBACH Holding AG and Co KGaA (XTER:HBH) Accounts Receivable : €61 Mil (As of Nov. 2023)


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What is HORNBACH Holding AG and Co KGaA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HORNBACH Holding AG and Co KGaA's accounts receivables for the quarter that ended in Nov. 2023 was €61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HORNBACH Holding AG and Co KGaA's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 3.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HORNBACH Holding AG and Co KGaA's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was €-97.50.


HORNBACH Holding AG and Co KGaA Accounts Receivable Historical Data

The historical data trend for HORNBACH Holding AG and Co KGaA'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.

HORNBACH Holding AG and Co KGaA Accounts Receivable Chart

HORNBACH Holding AG and Co KGaA Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.36 39.30 40.99 47.26 57.18

HORNBACH Holding AG and Co KGaA Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 61.20 57.18 55.90 56.10 60.50

HORNBACH Holding AG and Co KGaA Accounts Receivable Calculation

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


HORNBACH Holding AG and Co KGaA 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.

HORNBACH Holding AG and Co KGaA's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.5/1485.2*91
=3.72

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), HORNBACH Holding AG and Co KGaA's accounts receivable are only considered to be worth 75% of book value:

HORNBACH Holding AG and Co KGaA's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(361.8+0.75 * 60.5+0.5 * 1130.5-2419.5
-0-104.1)/15.909
=-97.50

* 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.


HORNBACH Holding AG and Co KGaA Accounts Receivable Related Terms

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HORNBACH Holding AG and Co KGaA (XTER:HBH) Business Description

Traded in Other Exchanges
Address
Le Quartier Hornbach 19, Neustadt an der Weinstrasse, DEU, 67433
HORNBACH Holding AG and Co KGaA and its subsidiaries are involved in the business of Retail and Real estate segments. The company's operating segment include HORNBACH Baumarkt subgroup; HORNBACH Baustoff Union GmbH subgroup and HORNBACH Immobilien AG subgroup. It generates maximum revenue from the HORNBACH Baumarkt subgroup segment. Geographically, it derives a majority of revenue from Germany. Products are structured in the following divisions: Hardware/Electrical, Paint/Wallpaper/Flooring, Construction Materials/Timber/Prefabricated Components, Sanitary/Tiles, and Garden.
Executives
Karin Dohm Board of Directors
Albrecht Hornbach Board of Directors

HORNBACH Holding AG and Co KGaA (XTER:HBH) Headlines

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