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Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Accounts Receivable : zł504 Mil (As of Sep. 2023)


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What is Grupa Azoty Zaklady Azotowe Pulawy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Grupa Azoty Zaklady Azotowe Pulawy's accounts receivables for the quarter that ended in Sep. 2023 was zł504 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Grupa Azoty Zaklady Azotowe Pulawy's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 45.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Grupa Azoty Zaklady Azotowe Pulawy's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was zł-125.73.


Grupa Azoty Zaklady Azotowe Pulawy Accounts Receivable Historical Data

The historical data trend for Grupa Azoty Zaklady Azotowe Pulawy'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.

Grupa Azoty Zaklady Azotowe Pulawy Accounts Receivable Chart

Grupa Azoty Zaklady Azotowe Pulawy Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 390.28 372.16 345.18 657.92 546.37

Grupa Azoty Zaklady Azotowe Pulawy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 499.14 546.37 1,613.55 316.02 503.80

Grupa Azoty Zaklady Azotowe Pulawy Accounts Receivable Calculation

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


Grupa Azoty Zaklady Azotowe Pulawy 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.

Grupa Azoty Zaklady Azotowe Pulawy's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=503.803/1007.771*91
=45.62

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

Grupa Azoty Zaklady Azotowe Pulawy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(214.424+0.75 * 503.803+0.5 * 509.694-3250.409
-0-0.096)/19.115
=-125.73

* 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.


Grupa Azoty Zaklady Azotowe Pulawy Accounts Receivable Related Terms

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Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Business Description

Traded in Other Exchanges
Address
Al. Tysiaclecia Panstwa Polskiego 13, Pulawy, POL, 24-110
Grupa Azoty Zaklady Azotowe Pulawy SA is a manufacturer and supplier of mineral fertilizers, basic chemicals and also involved in the procurement of raw materials and consumables. The company's segment includes Agro; Plastics; Energy and Other Activities. It generates maximum revenue from the Agro segment. The Agro Segment comprises the manufacturing of ammonia and products derived from the processing of ammonia, in particular urea and its solutions, including urea-ammonium nitrate solution, melamine, nitric acid, ammonium nitrate, technical gases, hydrogen peroxide, as well as phosphorus, potassium and blended fertilizers.

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