Alamo Group (Alamo Group) Accounts Receivable : $362 Mil (As of Dec. 2023)

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What is Alamo Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alamo Group's accounts receivables for the quarter that ended in Dec. 2023 was $362 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alamo Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 79.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alamo Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $2.97.

Alamo Group Accounts Receivable Historical Data

The historical data trend for Alamo Group'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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Alamo Group Accounts Receivable Chart

Alamo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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237.84

209.28

237.97

317.58

362.01

Alamo Group 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															317.58	363.53	378.68	378.11	362.01

Alamo Group Accounts Receivable Calculation

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

Alamo Group 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	362.007	/	417.542	*	91
=	79.11

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

Alamo Group'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)
=	(51.919	+	0.75 * 362.007	+	0.5 * 377.48	-	476.623
-	0	-	0)	/	11.9642
=	2.97

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.

Alamo Group Accounts Receivable Related Terms

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Alamo Group (Alamo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Alamo Group Inc (NYSE:ALG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AL3:Germany

Address

1627 East Walnut, Seguin, TX, USA, 78155

Website

https://www.alamo-group.com

Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.

Executives

Richard Hodges Raborn	officer: VP & Gen Mgr Agricultural Div	1627 E. WALNUT ST., SEGUIN TX 78155
Richard J Wehrle	officer: VP and Controller	1502 EAST WALNUT, SEGIN TX 78155
Dan Edward Malone	officer: EVP & CFO	1502 E WALNUT ST, SEGUIN TX 78155
Edward Rizzuti	officer: VP & General Counsel	5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Eric Etchart	director	ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Jeffery Allen Leonard	other: EVP NA Industrial Div (USA)	1627 E WALNUT ST, SEGUIN TX 78155
Robert P Bauer	director	415 HOLIDAY DRIVE, PITTSBURGH PA 15220
Nina C Grooms	director	1627 E WALNUT ST, SEGUIN TX 78155
Ronald A Robinson	director, officer: President & CEO	1627 EAST WALNUT, SEGUIN TX 78155
Janet S Pollock	officer: VP, Human Resources	1627 E WALNUT ST., SEGUIN TX 78155
Michael A Haberman	officer: EVP	1627 E WALNUT ST, SEGUIN TX 78155
Lorie Tekorius	director	ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Lori L Sullivan	officer: VP, Internal Audit	1627 E WALNUT ST, SEGUIN TX 78155-5259
David W Grzelak	director	1502 E WALNUT ST, SEGUIN TX 78155
Rick Parod	director	2707 N 108TH STREET STE102, OMAHA NE 68164