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Bremer Lagerhaus-Gesellschaft (FRA:BLH) Accounts Receivable : €174 Mil (As of Dec. 2023)


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What is Bremer Lagerhaus-Gesellschaft Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bremer Lagerhaus-Gesellschaft's accounts receivables for the quarter that ended in Dec. 2023 was €174 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bremer Lagerhaus-Gesellschaft's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 26.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bremer Lagerhaus-Gesellschaft's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-223.29.


Bremer Lagerhaus-Gesellschaft Accounts Receivable Historical Data

The historical data trend for Bremer Lagerhaus-Gesellschaft'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.

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Bremer Lagerhaus-Gesellschaft Accounts Receivable Chart

Bremer Lagerhaus-Gesellschaft 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 216.10 211.50 176.99 184.01 174.38

Bremer Lagerhaus-Gesellschaft Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 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 216.10 211.50 176.99 184.01 174.38

Bremer Lagerhaus-Gesellschaft Accounts Receivable Calculation

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


Bremer Lagerhaus-Gesellschaft 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.

Bremer Lagerhaus-Gesellschaft's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=174.376/1210.035*91
=26.30

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

Bremer Lagerhaus-Gesellschaft's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(43.001+0.75 * 174.376+0.5 * 14.791-1031.691
-0-6.93)/3.84
=-223.29

* 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.


Bremer Lagerhaus-Gesellschaft Accounts Receivable Related Terms

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Bremer Lagerhaus-Gesellschaft (FRA:BLH) Business Description

Traded in Other Exchanges
Address
Präsident-Kennedy-Platz 1, Bremen, DEU, 28203
Bremer Lagerhaus-Gesellschaft is engaged in the provision of logistics services. The company operates through three segments which include Automobile, Contract, and Container. The Automobile segment consists of logistics of finished vehicles and includes handling, storage, technical processing and forwarding and transport logistics through rail, road and inland waterway. Its Contract segment offers automotive, industrial, retail and seaport logistics, forwarding services and logistics for the offshore wind industry. The Container segment focuses on container handling.

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