GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » WestRock Co (FRA:1WR) » Definitions » Accounts Receivable

WestRock Co (FRA:1WR) Accounts Receivable : €2,377 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is WestRock Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WestRock Co's accounts receivables for the quarter that ended in Mar. 2024 was €2,377 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WestRock Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 49.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WestRock Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-47.12.


WestRock Co Accounts Receivable Historical Data

The historical data trend for WestRock Co'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.

WestRock Co Accounts Receivable Chart

WestRock Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,991.43 1,819.15 2,198.87 2,710.74 2,428.61

WestRock Co 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 2,629.12 2,531.42 2,428.61 2,237.39 2,377.00

WestRock Co Accounts Receivable Calculation

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


WestRock Co 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.

WestRock Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2377.004/4348.564*91
=49.88

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

WestRock Co'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)
=(455.124+0.75 * 2377.004+0.5 * 2142.128-15456.184
-0-16.192)/258.148
=-47.12

* 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.


WestRock Co Accounts Receivable Related Terms

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


WestRock Co (FRA:1WR) Business Description

Traded in Other Exchanges
Address
1000 Abernathy Road, North East, Atlanta, GA, USA, 30328
WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.

WestRock Co (FRA:1WR) Headlines

No Headlines