United Breweries Co (United Breweries Co) Accounts Receivable

: $435 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Breweries Co's accounts receivables for the quarter that ended in Dec. 2023 was $435 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Breweries Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 60.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Breweries Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-6.69.

United Breweries Co Accounts Receivable Historical Data

The historical data trend for United Breweries Co'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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United Breweries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

357.34

332.48

363.26

430.82

435.21

United Breweries Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																430.82	332.70	277.48	363.41	435.21

United Breweries Co Accounts Receivable Calculation

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

United Breweries Co 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.

United Breweries Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	435.211	/	655.945	*	91
=	60.54

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

United Breweries Co'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)
=	(711.918	+	0.75 * 435.211	+	0.5 * 505.467	-	2390.244
-	0	-	136.34)	/	184.751
=	-6.69

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.

United Breweries Co Accounts Receivable Related Terms

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United Breweries Co (United Breweries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Breweries Co Inc (NYSE:CCU) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CVU:Germany CCU:Chile

Address

Avenida Vitacura N° 2670, Twenty-Third Floor, Santiago, CHL

Website

https://www.ccu.cl

United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.