Raisio Oyj (OHEL:RAIVV) Accounts Receivable : €30.1 Mil (As of Mar. 2024)

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What is Raisio Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Raisio Oyj's accounts receivables for the quarter that ended in Mar. 2024 was €30.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Raisio Oyj's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 49.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Raisio Oyj's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €0.38.

Raisio Oyj Accounts Receivable Historical Data

The historical data trend for Raisio Oyj'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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Raisio Oyj Accounts Receivable Chart

Raisio Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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27.60

24.40

30.20

26.80

26.70

Raisio Oyj 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															30.10	29.20	27.50	26.70	30.10

Raisio Oyj Accounts Receivable Calculation

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

Raisio Oyj 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	30.1	/	55.5	*	91
=	49.49

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

Raisio Oyj'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)
=	(89.2	+	0.75 * 30.1	+	0.5 * 35.4	-	69.5
-	0	-	0)	/	157.968
=	0.38

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.

Raisio Oyj Accounts Receivable Related Terms

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Raisio Oyj (OHEL:RAIVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raisio Oyj (OHEL:RAIVV) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

RAIKV:Finland RATV:Germany

Address

Raisionkaari 55, P.O. Box 101, Raisio, FIN, 21201

Website

https://www.raisio.com

Raisio Oyj is engaged in the food processing industry with a focus on healthy. The company's international brand profile includes Benecol and Elovena. The operating segments of the company are healthy food, healthy ingredients, and other operations. The healthy food segment focuses on the company's consumer product businesses and has its operations in Northern Europe, Eastern and Central Europe, and Western Europe. The healthy ingredient segment includes the sale of fish feeds, Benecol product ingredients, and the sale of grain-based foods and their ingredients to industrial and catering companies. Majority of net sales come from Finland, and the healthy food segment contributes the highest net sales.

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