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Volkswagen AG (Volkswagen AG) Accounts Receivable : $73,286 Mil (As of Dec. 2023)


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What is Volkswagen AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Volkswagen AG's accounts receivables for the quarter that ended in Dec. 2023 was $73,286 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Volkswagen AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 70.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Volkswagen AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-59.46.


Volkswagen AG Accounts Receivable Historical Data

The historical data trend for Volkswagen 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.

Volkswagen AG Accounts Receivable Chart

Volkswagen 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 64,333.33 67,815.09 59,604.52 63,773.31 73,285.71

Volkswagen AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 63,773.31 88,351.18 91,777.90 92,207.04 73,285.71

Volkswagen AG Accounts Receivable Calculation

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


Volkswagen 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.

Volkswagen AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=73285.714/95073.064*91
=70.34

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

Volkswagen AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(81693.566+0.75 * 73285.714+0.5 * 56655.398-447574.7
-0-15504.907)/5012.95
=-59.46

* 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.


Volkswagen AG Accounts Receivable Related Terms

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Volkswagen AG (Volkswagen AG) Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

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