GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tyco International PLC (BUE:JCI) » Definitions » Accounts Receivable

Tyco International (BUE:JCI) Accounts Receivable : ARS25,233 Mil (As of Jun. 2016)


View and export this data going back to 2016. Start your Free Trial

What is Tyco International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tyco International's accounts receivables for the quarter that ended in Jun. 2016 was ARS25,233 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tyco International's Days Sales Outstanding for the quarter that ended in Jun. 2016 was 67.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tyco International's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was ARS-899.27.


Tyco International Accounts Receivable Historical Data

The historical data trend for Tyco 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.

Tyco International Accounts Receivable Chart

Tyco International Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,505.14 7,966.11 9,775.85 14,598.55 16,689.08

Tyco International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 16,128.54 16,689.08 22,249.02 25,148.09 25,233.41

Tyco International Accounts Receivable Calculation

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


Tyco 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.

Tyco International's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25233.413/34236.359*91
=67.25

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

Tyco International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 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)
=(4823.007+0.75 * 25233.413+0.5 * 9170.703-101045.489
-0-489.291)/81.4005
=-899.27

* 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.


Tyco International Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Tyco International's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Tyco International (BUE:JCI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1202 Building 1000 City Gate, Mahon, Cork, IRL, 8212
Tyco International PLC is a global provider of security products and services, fire detection and suppression products and services, and life safety products. Brand names include Tyco, Tyco Integrated Security, SimplexGrinnell, Sensormatic, Wormald, Scott, and ADT (outside North American markets). The revenue breakdown is 37% North America installation and services, 38% rest of world installation and services, and 25% global products. Tyco completed its spin-off of ADT and the flow control business in September 2012, five years after its prior three-way split.