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Superior Industries International (Superior Industries International) Accounts Receivable : $66 Mil (As of Mar. 2024)


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What is Superior Industries International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Superior Industries International's accounts receivables for the quarter that ended in Mar. 2024 was $66 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Superior Industries International's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Superior Industries International's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-28.43.


Superior Industries International Accounts Receivable Historical Data

The historical data trend for Superior Industries International'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.

Superior Industries International Accounts Receivable Chart

Superior Industries International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.15 41.65 75.71 64.23 41.95

Superior Industries International 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 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 88.42 101.02 110.89 41.95 66.17

Superior Industries International Accounts Receivable Calculation

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


Superior Industries International 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.

Superior Industries International's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=66.17/316.276*91
=19.09

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

Superior Industries International'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)
=(191.071+0.75 * 66.17+0.5 * 149.03-872.705
-255.032-0.682)/28.6001
=-28.43

* 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.


Superior Industries International Accounts Receivable Related Terms

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Superior Industries International (Superior Industries International) Business Description

Traded in Other Exchanges
Address
26600 Telegraph Road, Suite 400, Southfield, MI, USA, 48033
Superior Industries International Inc is engaged in the design and manufacture of aluminum wheels for sale to OEMs in North America and Europe and to the aftermarket in Europe. The company's OEM aluminum wheels are primarily sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo. It sells aluminum wheels to the European aftermarket under the brands' ATS, RIAL, ALUTEC and ANZIO.
Executives
Mill Road Capital Iii, L.p. 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Timothy Trenary officer: Chief Financial Officer 33583 WOODWARD AVENUE, BIRMINGHAM MI 48009
Parveen Kakar officer: Senior Vice President
Kevin Martin Burke officer: Chief Human Resources Officer 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Michael Hatzfeld officer: VP Finance & Corp Controller C/O SUPERIOR INDUSTRIES INTERNATIONAL, 26600 TELEGRAPH RD., STE 400, SOUTHFIELD MI 48033
David M Sherbin officer: Senior VP and General Counsel 4181 AO SOUTHMOOR LANE, WEST BLOOMFIELD MI 48323
Andreas Meyer officer: SVP, President Europe 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Raynard D. Benvenuti director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Thomas E Lynch 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Mill Road Capital Iii Gp Llc 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Michael Dorah officer: SVP, President North America C/O DELPHI TECHNOLOGIES PLC, 1 ANGEL COURT, 10TH FLOOR, LONDON X0 EC2R 7HJ
Majdi Abulaban officer: CEO C/O DELPHI AUTOMOTIVE LLP, 5725 DELPHI DRIVE, TROY MI 48098
Troy W Ford officer: Interim CFO 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033