GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » SABMiller Ltd (OTCPK:SBMRY) » Definitions » Accounts Receivable

SABMiller (SABMiller) Accounts Receivable : $1,308 Mil (As of Mar. 2016)


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

What is SABMiller Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SABMiller's accounts receivables for the quarter that ended in Mar. 2016 was $1,308 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SABMiller's Days Sales Outstanding for the quarter that ended in Mar. 2016 was 24.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SABMiller's Net-Net Working Capital per share for the quarter that ended in Mar. 2016 was $-10.80.


SABMiller Accounts Receivable Historical Data

The historical data trend for SABMiller'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.

SABMiller Accounts Receivable Chart

SABMiller Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,389.00 1,584.00 1,345.00 1,265.00 1,308.00

SABMiller Semi-Annual Data
Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16
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 1,345.00 1,933.00 1,265.00 1,726.00 1,308.00

SABMiller Accounts Receivable Calculation

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


SABMiller 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.

SABMiller's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1308/9843*91
=24.25

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

SABMiller's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2016 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)
=(1711+0.75 * 1308+0.5 * 993-19501
-0-1196)/1621.38
=-10.80

* 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.


SABMiller Accounts Receivable Related Terms

Thank you for viewing the detailed overview of SABMiller's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


SABMiller (SABMiller) Business Description

Traded in Other Exchanges
N/A
Address
SABMiller Ltd is a holding company which has brewing and beverage interests across six continents. The principal activities of the company are the manufacture, distribution and sale of beverages. Its portfolio of brands includes premium international beers such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch, as well as local brands such as Aguila, Castle, Miller Lite, Snow, Tyskie and Victoria Bitter.

SABMiller (SABMiller) Headlines

From GuruFocus

Big Beer: How Does SABMiller Stack Up?

By Charles Sizemore Charles Sizemore 07-09-2014

Sabmiller Eyeing Meantime Acquisition

By Market News Forum Market News Forum 05-19-2015