Kesko Oyj (Kesko Oyj) Accounts Receivable : $1,210 Mil (As of Mar. 2024)

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What is Kesko Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kesko Oyj's accounts receivables for the quarter that ended in Mar. 2024 was $1,210 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kesko Oyj's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 36.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kesko Oyj's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-5.70.

Kesko Oyj Accounts Receivable Historical Data

The historical data trend for Kesko Oyj'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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Kesko Oyj Accounts Receivable Chart

Kesko Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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894.11

944.65

1,027.35

1,026.80

1,058.34

Kesko Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															1,181.05	1,246.80	1,153.36	1,058.34	1,210.00

Kesko Oyj Accounts Receivable Calculation

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

Kesko Oyj 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.

Kesko Oyj's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1210	/	2999.457	*	91
=	36.81

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

Kesko Oyj's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(157.717	+	0.75 * 1210	+	0.5 * 1242.391	-	6215.761
-	0	-	11.304)	/	795.931
=	-5.70

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.

Kesko Oyj Accounts Receivable Related Terms

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Kesko Oyj (Kesko Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kesko Oyj (OTCPK:KKOYY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

KKOYF:USA KESKBh:UK 0BNT:UK KESKOB:Finland KESKOA:Finland KEK:Germany

Address

Tyopajankatu 12, Helsinki, FIN, 00580

Website

https://www.kesko.fi

Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj (Kesko Oyj) Headlines

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