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Valeo (VLEEY) Accounts Receivable : $2,706 Mil (As of Dec. 2022)


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What is Valeo Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Valeo's accounts receivables for the quarter that ended in Dec. 2022 was $2,706 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Valeo's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 43.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Valeo's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-25.86.


Valeo Accounts Receivable Historical Data

The historical data trend for Valeo'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.

Valeo Accounts Receivable Chart

Valeo 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 3,134.44 3,253.04 2,461.02 2,705.51 2,714.29

Valeo Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 3,001.21 2,461.02 2,951.37 2,705.51 2,714.29

Valeo Accounts Receivable Calculation

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


Valeo 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.

Valeo's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2705.508/11247.881*91
=43.90

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

Valeo's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(3526.483+0.75 * 2705.508+0.5 * 2524.364-18450.212
-0-836.864)/482.233
=-25.86

* 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.


Valeo Accounts Receivable Related Terms

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Valeo (VLEEY) Business Description

Traded in Other Exchanges
Address
100, rue de Courcelles, Cedex 17, Paris, FRA, 75017
Based in France, Valeo is an automotive parts supplier that operates through four business segments, including powertrain systems (PTS, 31% of 2022 revenue), thermal systems (THS, 22%), comfort and driving assistance systems (CDA, 22%), and visibility systems (VIS, 25%). As of 2022, Valeo generated 84% of its revenue through original equipment sales and 11% of revenue through aftermarket parts. The firm's five largest automaker customers accounted for 53% of 2022 revenue. Europe is Valeo's largest geographic market at 45% of 2022 revenue, followed by Asia at 33%, and Americas at 22%.

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