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Brickworks (Brickworks) Accounts Receivable : $65.1 Mil (As of Jan. 2024)


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What is Brickworks Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brickworks's accounts receivables for the quarter that ended in Jan. 2024 was $65.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brickworks's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 32.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brickworks's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-9.16.

Brickworks Accounts Receivable Historical Data

The historical data trend for Brickworks'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.

Brickworks Accounts Receivable Chart

Brickworks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.97 88.02 95.17 102.79 100.20

Brickworks Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 88.61 102.79 89.54 100.20 65.12

Brickworks Accounts Receivable Calculation

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

Brickworks 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.

Brickworks's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=65.116/360.54*91
=32.96

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

Brickworks's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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)
=(88.337+0.75 * 65.116+0.5 * 226.344-1646.553
-0-0)/152.43
=-9.16

* 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.

Brickworks Accounts Receivable Related Terms

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Brickworks (Brickworks) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Brickworks Ltd (OTCPK:BRKWF) » Definitions » Accounts Receivable
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Traded in Other Exchanges
BKW:Australia
Address
738 - 780 Wallgrove Road, Horsley Park, Sydney, NSW, AUS, 2175
Website
https://www.brickworks.com.au
Brickworks is a conglomerate consisting of brickmaking operations, industrial property management, and a cross-shareholding in investment firm, Washington H. Soul Pattinson, or Soul Patts (ASX: SOL). Brickworks' operating business manufactures brick products for the Australian and North American markets. However, most earnings are from the property and investment segments. The property segment principally redevelops warehouses on industrial land, with joint venture partner narrow-moat Goodman Group. The investment segment represents a cross-shareholding in Soul Patts, an investment firm with a portfolio encompassing diversified investments, including large holdings in no-moat New Hope coal miner and narrow-moat TPG Telecom.