Aegon (AEG) Accounts Receivable : $3,890 Mil (As of Dec. 2023)

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What is Aegon Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aegon's accounts receivables for the quarter that ended in Dec. 2023 was $3,890 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aegon's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aegon's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-146.30.

Aegon Accounts Receivable Historical Data

The historical data trend for Aegon'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.

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Aegon Accounts Receivable Chart

Aegon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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8,304.14

6,352.54

8,323.09

3,889.86

Aegon Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															6,352.54	-	8,323.09	-	3,889.86

Aegon Accounts Receivable Calculation

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

Aegon 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3889.858	/	15357.688	*	91
=	46.22

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

Aegon'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)
=	(59365.322	+	0.75 * 3889.858	+	0.5 * 0	-	318459.106
-	0	-	140.676)	/	1751.95
=	-146.30

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.

Aegon Accounts Receivable Related Terms

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Aegon (AEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aegon Ltd (NYSE:AEG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AEGOF:USA AGN:Netherlands AGNa:UK 0Q0Y:UK J06:Germany J060:Germany J060:Germany J06:Germany J060:Germany AEGN:Austria AEG:Argentina

Address

Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV

Website

https://www.aegon.com

Aegon Ltd is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic business groups.