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ACS Actividades de Construccion y Servicios (ACS Actividades de Construccion y Servicios) Accounts Receivable : $8,976 Mil (As of Jun. 2023)


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What is ACS Actividades de Construccion y Servicios Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ACS Actividades de Construccion y Servicios's accounts receivables for the quarter that ended in Jun. 2023 was $8,976 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ACS Actividades de Construccion y Servicios's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-13.40.


ACS Actividades de Construccion y Servicios Accounts Receivable Historical Data

The historical data trend for ACS Actividades de Construccion y Servicios'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.

ACS Actividades de Construccion y Servicios Accounts Receivable Chart

ACS Actividades de Construccion y Servicios Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,938.52 11,654.91 10,340.93 7,555.35 7,821.16

ACS Actividades de Construccion y Servicios Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 8,602.69 10,189.11 7,821.16 - 8,976.30

ACS Actividades de Construccion y Servicios Accounts Receivable Calculation

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


ACS Actividades de Construccion y Servicios 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.

ACS Actividades de Construccion y Servicios's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8976.298/0*91
=

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

ACS Actividades de Construccion y Servicios's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(9471.687+0.75 * 8976.298+0.5 * 875.749-33121.966
-0-799.007)/1289.74
=-13.40

* 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.


ACS Actividades de Construccion y Servicios Accounts Receivable Related Terms

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ACS Actividades de Construccion y Servicios (ACS Actividades de Construccion y Servicios) Business Description

Address
Avenida Pío XII n 102, Madrid, ESP, 28036
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.

ACS Actividades de Construccion y Servicios (ACS Actividades de Construccion y Servicios) Headlines

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