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Kraton (Kraton) Accounts Receivable : $231 Mil (As of Dec. 2021)


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What is Kraton Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kraton's accounts receivables for the quarter that ended in Dec. 2021 was $231 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kraton's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 41.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kraton's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-40.80.


Kraton Accounts Receivable Historical Data

The historical data trend for Kraton'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.

Kraton Accounts Receivable Chart

Kraton Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.68 198.05 169.60 180.26 230.94

Kraton Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 180.26 220.83 257.57 263.23 230.94

Kraton Accounts Receivable Calculation

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


Kraton 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.

Kraton's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=230.939/512.347*91
=41.13

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

Kraton's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(130.519+0.75 * 230.939+0.5 * 477.34-1806.604
-0-50.676)/32.23
=-40.80

* 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.


Kraton Accounts Receivable Related Terms

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Kraton (Kraton) Business Description

Traded in Other Exchanges
N/A
Address
15710 John F. Kennedy Boulevard, Suite 300, Houston, TX, USA, 77032
Kraton Corp is a specialty chemicals company that primarily manufactures elastomers and synthetic replacements for rubber. The company's operating segments include polymer and chemical. It generates a majority revenue from the polymer segment. The polymer segment is composed of styrenic block copolymers (SBCs) and other engineered polymers business. The firm's chemical segment is composed of its pine-based specialty products business. It is a geographically diverse company, oprating in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company's products are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving and roofing, and footwear products.
Executives
Kevin Michael Fogarty director, officer: President and CEO 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
Vijay Mhetar officer: SVP, Chief Technology Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Marcello C Boldrini officer: SVP & Chemical Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Chris H. Russell officer: VP, Chief Accounting Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
James Leo Simmons officer: SVP, General Counsel & Sec. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Mark Santangelo officer: SVP, Global Operations 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Atanas H Atanasov officer: SVP, CFO and Treasurer C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
Haddad Jose Fernando Cherubini other: Former SVP, Global Operations 15710 JOHN F KENNEDY BLVD SUITE 300 HOUSTON TX 77032
Heba Botros other: Former VP, Corp. Dev. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Holger R. Jung officer: SVP & Polymer Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Suzanna Pesgens officer: VP, Chief Procurement Officer 15710 JOHN F. KENNEDY BLVD.,SUITE 300 HOUSTON TX 77004
Melinda Scissors Conley officer: SVP & Chief HR Officer 15710 JFK BOULEVARD, SUITE 300 HOUSTON TX 77032
Shelley J Bausch director 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSTON TX 77032
Billie Ida Williamson director 151 DETROIT STREET, DENVER CO 80206
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010

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