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Scania AB (Scania AB) Accounts Receivable : $822 Mil (As of Dec. 2015)


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What is Scania AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Scania AB's accounts receivables for the quarter that ended in Dec. 2015 was $822 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Scania AB's Days Sales Outstanding for the quarter that ended in Dec. 2015 was 23.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Scania AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $-11.37.


Scania AB Accounts Receivable Historical Data

The historical data trend for Scania AB'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.

Scania AB Accounts Receivable Chart

Scania AB Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 907.18 923.62 1,031.26 944.44 821.89

Scania AB Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 944.44 - - - 821.89

Scania AB Accounts Receivable Calculation

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


Scania AB 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.

Scania AB's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=821.894/3125.692*91
=23.99

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

Scania AB's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 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)
=(1472.604+0.75 * 821.894+0.5 * 1991.806-12176.882
-0-5.533)/800
=-11.37

* 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.


Scania AB Accounts Receivable Related Terms

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Scania AB (Scania AB) Business Description

Traded in Other Exchanges
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Scania AB was founded in 1891. The Company is engaged in manufacturing & marketing heavy trucks, buses & engines for automotive & marine industries. It also offers spare parts, maintenance & driver training, short-term truck rentals and fleet management services & financing. The company's operations are divided into two different operating segments, the Vehicles and Services operating segment encompasses the following products: trucks, buses and engines, including the services associated with these products and the Financial Services operating segment provides financial solutions to Scania customers, such as loan financing, lease contracts and insurance solutions. The sales of the Company's products occur in all five geographic areas. Financial Services is found mainly in the European markets and to a lesser extent in the others. The Company's research and development work occurs in Sweden. Manufacturing of trucks, buses and industrial and marine engines occurs in Sweden, Argentina, Brazil, France, the Netherlands, Poland and Russia.

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