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BG Group (BG Group) Accounts Receivable : $3,667 Mil (As of Dec. 2015)


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What is BG Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BG Group's accounts receivables for the quarter that ended in Dec. 2015 was $3,667 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BG Group's Days Sales Outstanding for the quarter that ended in Dec. 2015 was 79.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BG Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $-5.68.


BG Group Accounts Receivable Historical Data

The historical data trend for BG Group'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.

BG Group Accounts Receivable Chart

BG Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,443.00 2,304.00 2,283.00 1,228.00 3,667.00

BG Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 1,228.00 4,463.00 4,308.00 4,116.00 3,667.00

BG Group Accounts Receivable Calculation

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


BG Group 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.

BG Group's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3667/4221*91
=79.27

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

BG Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 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)
=(7200+0.75 * 3667+0.5 * 1117-29919
-0-0)/3417.91
=-5.68

* 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.


BG Group Accounts Receivable Related Terms

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BG Group (BG Group) Business Description

Traded in Other Exchanges
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BG Group PLC was incorporated in United Kingdom on December 30, 1998. The Company specializes in the exploration, production, transmission and distribution of gas, oil and liquefied natural gas. Its two business segments are Upstream and LNG Shipping & Marketing. Upstream segment covers exploration and production activities for gas, oil and liquids, plus liquefaction operations associated with integrated LNG projects. LNG Shipping & Marketing segment covers the purchasing, shipping, marketing and sale of LNG, as well as the group's interests and capacity in regasification facilities. The Company's geographical areas of operations are Europe, Central Asia region, Africa, Middle East and Asia region, Americas, and Global LNG region, and Australia region.

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