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Leifheit AG (XTER:LEI) Accounts Receivable : €59.0 Mil (As of Mar. 2024)


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What is Leifheit AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leifheit AG's accounts receivables for the quarter that ended in Mar. 2024 was €59.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Leifheit AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 81.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Leifheit AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €0.12.


Leifheit AG Accounts Receivable Historical Data

The historical data trend for Leifheit 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.

Leifheit AG Accounts Receivable Chart

Leifheit 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 44.40 57.43 52.15 48.10 43.12

Leifheit AG 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 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 64.96 56.29 52.31 43.12 58.96

Leifheit AG Accounts Receivable Calculation

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


Leifheit 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=58.955/65.928*91
=81.60

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

Leifheit AG'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)
=(42.142+0.75 * 58.955+0.5 * 51.376-110.933
-0-0)/9.52066
=0.12

* 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.


Leifheit AG Accounts Receivable Related Terms

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Leifheit AG (XTER:LEI) Business Description

Traded in Other Exchanges
Address
Leifheitstrasse 1, PO Box 11 65, Lahn, Nassau, DEU, 56377
Leifheit AG is a brand supplier of household items. It divides its operating business into the Household, well-being, and Private Label segments. Leifheit and Soehnle products, two of Germany's household brands, are known for quality and utility for consumers. Its French subsidiaries Birambeau and Herby are active in the service-oriented Private Label segment with a selected product range. In each segment, the company focuses on its core product categories of cleaning, laundry care, kitchen goods, and well-being. Its key markets are Germany and Central Europe. It recognizes revenue from the sale of products.
Executives
Dr. Claus-o. Zacharias Supervisory Board
Marco Keul Board of Directors
Igor Iraeta Munduate Board of Directors

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