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Suedzucker AG (HAM:SZU) Accounts Receivable : €1,546 Mil (As of Nov. 2023)


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What is Suedzucker AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Suedzucker AG's accounts receivables for the quarter that ended in Nov. 2023 was €1,546 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Suedzucker AG's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 52.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Suedzucker AG's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was €-17.71.


Suedzucker AG Accounts Receivable Historical Data

The historical data trend for Suedzucker AG'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.

Suedzucker AG Accounts Receivable Chart

Suedzucker AG Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 972.70 978.20 948.40 1,139.90 1,409.00

Suedzucker AG Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1,364.00 1,409.00 1,458.00 1,480.00 1,546.00

Suedzucker AG Accounts Receivable Calculation

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


Suedzucker AG 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.

Suedzucker AG's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1546/2701*91
=52.23

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

Suedzucker AG's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0+0.75 * 1546+0.5 * 3315-5442
-0-984)/203.750
=-17.71

* 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.


Suedzucker AG Accounts Receivable Related Terms

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Suedzucker AG (HAM:SZU) Business Description

Traded in Other Exchanges
Address
Maximilianstrasse 10, Mannheim, DEU, 68165
Suedzucker AG has five major segments: Sugar, Special products, Crop energies, starch and Fruit. The Sugar segment produces Sugar, sugar specialty products, animal feed, and fertilizer. Special products produce frozen pizzas, baguettes, snacks, pasta, food ingredients, animal feed, starch, and pharmaceuticals. Crop energies produce bioethanol, protein-based food, and liquid carbon dioxide. The fruit segment makes juice concentrates, pure juice, wines, and beverage bases. Suedzucker sells its products to retailers and companies in the food, beverage, agriculture, paper, textile, chemicals, pharmaceuticals, cosmetics, animal feed, and petroleum industries. Germany is Suedzucker's biggest market, and the firm generates most of its revenue in European Union countries.

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