Switch to:
GuruFocus has detected 3 Warning Signs with Sanofi SA \$SNY.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Sanofi SA (NYSE:SNY)
Change In Receivables
\$69 Mil (As of Dec. 2016)

Sanofi SA's change in receivables for the quarter that ended in Dec. 2016 was \$69 Mil. It means Sanofi SA's accounts receivables increased by \$69 Mil from Jun. 2016 to Dec. 2016 .

Sanofi SA's change in receivables for the fiscal year that ended in Dec. 2016 was \$177 Mil. It means Sanofi SA's accounts receivables increased by \$177 Mil from Dec. 2015 to Dec. 2016 .

Sanofi SA's accounts receivables for the quarter that ended in Dec. 2016 was \$7,712 Mil.

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. Sanofi SA's days sales outstanding for the six months ended in Dec. 2016 was 72.23.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Sanofi SA's liquidation value for the six months ended in Dec. 2016 was \$-29,336 Mil.

Definition

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

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.

Sanofi SA's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 7712.02531646 / 19485.2320675 * 91 = 72.23

2. In Ben Grahams calculation of liquidation value, Sanofi SA's accounts receivable are only considered to be worth 75% of book value:

Sanofi SA's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 10947.257384 - 49702.5316456 + 0.75 * 7712.02531646 + 0.5 * 7270.04219409 = -29,336

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Sanofi SA Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 ChangeInReceivables -87 -418 -625 -127 -338 483 182 -25 -537 177

Sanofi SA Semi-Annual Data

 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 ChangeInReceivables -65 551 -409 607 -285 234 -175 -367 116 69
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)