GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schoeller-Bleckmann Oilfield Equipment AG (LTS:0O05) » Definitions » Accounts Receivable

Schoeller-Bleckmann Oilfield Equipment AG (LTS:0O05) Accounts Receivable : €132.5 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Schoeller-Bleckmann Oilfield Equipment AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Schoeller-Bleckmann Oilfield Equipment AG's accounts receivables for the quarter that ended in Dec. 2023 was €132.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Schoeller-Bleckmann Oilfield Equipment AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 81.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Schoeller-Bleckmann Oilfield Equipment AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.51.


Schoeller-Bleckmann Oilfield Equipment AG Accounts Receivable Historical Data

The historical data trend for Schoeller-Bleckmann Oilfield Equipment 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.

Schoeller-Bleckmann Oilfield Equipment AG Accounts Receivable Chart

Schoeller-Bleckmann Oilfield Equipment AG 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 112.26 54.25 86.30 124.51 132.52

Schoeller-Bleckmann Oilfield Equipment AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 124.51 130.18 121.02 131.23 132.52

Schoeller-Bleckmann Oilfield Equipment AG Accounts Receivable Calculation

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


Schoeller-Bleckmann Oilfield Equipment 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.

Schoeller-Bleckmann Oilfield Equipment AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=132.519/148.633*91
=81.36

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

Schoeller-Bleckmann Oilfield Equipment AG'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)
=(162.351+0.75 * 132.519+0.5 * 205.811-388.404
-0-0)/15.7595
=-1.51

* 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.


Schoeller-Bleckmann Oilfield Equipment AG Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Schoeller-Bleckmann Oilfield Equipment AG's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Schoeller-Bleckmann Oilfield Equipment AG (LTS:0O05) Business Description

Traded in Other Exchanges
Address
Hauptstrasse 2, Ternitz, AUT, A-2630
Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components worldwide and supplies oilfield equipment for the oilfield services industry. The company focuses on non-magnetic drillstring components and high-tech downhole tools for the drilling and completion of directional and horizontal wells. Schoeller-Bleckmann also provides full-scale repair and maintenance services to its client base. Tools under SBO's high-precision segment are placed in a drill string to support drill bit steering based on real-time data gathered during drilling. Oilfield equipment segment products include non-magnetic drillstring components, drilling motors, circulation tools, and well-completion equipment.

Schoeller-Bleckmann Oilfield Equipment AG (LTS:0O05) Headlines

No Headlines