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Wagners Holding Co (ASX:WGN) Accounts Receivable : A$65.6 Mil (As of Dec. 2023)


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What is Wagners Holding Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wagners Holding Co's accounts receivables for the quarter that ended in Dec. 2023 was A$65.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wagners Holding Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wagners Holding Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-1.07.


Wagners Holding Co Accounts Receivable Historical Data

The historical data trend for Wagners Holding Co'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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Wagners Holding Co Accounts Receivable Chart

Wagners Holding Co Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 35.53 48.05 49.99 65.34 83.25

Wagners Holding Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.46 65.34 68.84 83.25 65.63

Wagners Holding Co Accounts Receivable Calculation

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


Wagners Holding Co 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=65.628/264.601*91
=45.26

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

Wagners Holding Co'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)
=(30.457+0.75 * 65.628+0.5 * 40.147-301.222
-0-0)/187.619
=-1.07

* 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.


Wagners Holding Co Accounts Receivable Related Terms

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Wagners Holding Co (ASX:WGN) Business Description

Traded in Other Exchanges
Address
1511 Toowoomba-Cecil Plains Road, 11 Ballera Court, P.O. Box 151, Drayton North, Wellcamp, QLD, AUS, 4350
Wagners Holding Co Ltd is an Australian construction materials provider. It produces and sells construction materials through its Composite Fibre Technologies and Earth Friendly Concrete business. The Construction Materials and Services segment supplies construction materials and services to customers in the construction, infrastructure and resources industries. Its products include cement, flyash, aggregates, ready-mix concrete, precast concrete products and reinforcing steel. Its Composite Fibre Technologies segment provides building products and construction materials through its CFT and EFC businesses. Its projects include roads and tunnels, bridges, airports, mining and gas plants, dams and others. The company generates maximum revenue from Construction, Materials and Services.

Wagners Holding Co (ASX:WGN) Headlines

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