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Robert Walters (FRA:RBW) Accounts Receivable : €135 Mil (As of Dec. 2023)


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What is Robert Walters Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Robert Walters's accounts receivables for the quarter that ended in Dec. 2023 was €135 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Robert Walters's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 41.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Robert Walters's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.09.


Robert Walters Accounts Receivable Historical Data

The historical data trend for Robert Walters'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.

Robert Walters Accounts Receivable Chart

Robert Walters 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 150.51 103.08 136.63 164.31 135.23

Robert Walters Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 136.63 275.88 164.31 235.65 135.23

Robert Walters Accounts Receivable Calculation

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


Robert Walters 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.

Robert Walters's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=135.228/598.72*91
=41.22

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

Robert Walters'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)
=(111.085+0.75 * 135.228+0.5 * 0-291.118
-0-0)/72.3557
=-1.09

* 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.


Robert Walters Accounts Receivable Related Terms

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Robert Walters (FRA:RBW) Business Description

Traded in Other Exchanges
Address
11 Slingsby Place, St Martin's Courtyard, London, GBR, WC2E 9AB
Robert Walters PLC is a specialist professional recruitment group. The company specialises in the placement of the highest calibre professionals across the disciplines of accountancy and finance, banking, engineering, HR, healthcare, IT, legal, sales, marketing, secretarial and support and supply chain, logistics and procurement. Its client base ranges from blue-chip corporates and financial services organisations to SMEs and start-ups. The Group's outsourcing division, Resource Solutions, is engaged in recruitment process outsourcing and managed services. Its geographical area of operation includes Asia Pacific, UK, Europe, and Other International. It generates the most of the revenue from the Asia Pacific.

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