Henkel AG KGaA (Henkel AG KGaA) Accounts Receivable : $3,785 Mil (As of Dec. 2023)

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What is Henkel AG KGaA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Henkel AG KGaA's accounts receivables for the quarter that ended in Dec. 2023 was $3,785 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Henkel AG KGaA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 59.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Henkel AG KGaA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.84.

Henkel AG KGaA Accounts Receivable Historical Data

The historical data trend for Henkel AG 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.

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Henkel AG KGaA Accounts Receivable Chart

Henkel AG KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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3,794.44

3,778.59

3,905.09

3,744.70

3,785.17

Henkel AG KGaA 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															3,905.09	4,173.36	3,744.70	4,136.51	3,785.17

Henkel AG KGaA Accounts Receivable Calculation

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

Henkel AG 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.

Henkel AG KGaA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3785.169	/	11546.347	*	91
=	59.83

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

Henkel AG KGaA'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)
=	(2454.744	+	0.75 * 3785.169	+	0.5 * 2665.213	-	12790.622
-	194.111	-	83.969)	/	1677.31
=	-3.84

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.

Henkel AG KGaA Accounts Receivable Related Terms

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Henkel AG KGaA (Henkel AG KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Henkel AG & Co KGaA (OTCPK:HENOY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

HENOF:USA HENKY:USA 1HEN:Italy HEN3:Italy HEN3d:UK 0IZC:UK 0IZ8:UK HEN3:Germany HEN:Austria

Address

Henkelstrasse 67, Duesseldorf, NW, DEU, 40589

Website

https://www.henkel.com

Two distinct customer groups constitute Henkel. The consumer segment (around 50% of consolidated 2022 sales) is laundry and home care, including the Persil and Purex laundry detergent brands, and beauty care, including the Schwarzkopf brand in hair care and the Dial brand in hand soap. The adhesives technologies segment makes up the remaining 50% of sales. Sales from Europe accounted for 42% of the firm's consolidated total in 2022, while Asia-Pacific and North America accounted for 17% and 27%, respectively.