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BLSFF (BlueScope Steel) Accounts Receivable : $961 Mil (As of Dec. 2024)


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What is BlueScope Steel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlueScope Steel's accounts receivables for the quarter that ended in Dec. 2024 was $961 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BlueScope Steel's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 35.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BlueScope Steel's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-1.80.


BlueScope Steel Accounts Receivable Historical Data

The historical data trend for BlueScope Steel'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.

BlueScope Steel Accounts Receivable Chart

BlueScope Steel Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 703.04 1,163.99 1,417.78 1,169.33 1,012.55

BlueScope Steel Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,019.43 1,169.33 961.11 1,012.55 961.37

BlueScope Steel Accounts Receivable Calculation

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


BlueScope Steel 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.

BlueScope Steel's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=961.368/5011.78*91
=35.01

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

BlueScope Steel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(520.583+0.75 * 961.368+0.5 * 1988.917-2624.066
-0-408.93)/441.929
=-1.80

* 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.


BlueScope Steel Accounts Receivable Related Terms

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BlueScope Steel Business Description

Traded in Other Exchanges
Address
181 William Street, Level 24, Melbourne, VIC, AUS, 3000
BlueScope is an Australia-based steelmaker with five business units. The Australian steel products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's US minimill, specializing in the production of hot rolled coil for US construction and automotive sectors. Building products Asia operates across Southeast Asia, China, and India, and the US building and coated products North America is involved in metal coating and painting, and the supply to nonresidential construction projects using BlueScope's materials. New Zealand steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands.