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Irani Papel E Embalagem (BSP:RANI3) Accounts Receivable : R$269 Mil (As of Mar. 2024)


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What is Irani Papel E Embalagem Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Irani Papel E Embalagem's accounts receivables for the quarter that ended in Mar. 2024 was R$269 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Irani Papel E Embalagem's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 63.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Irani Papel E Embalagem's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R$-5.37.


Irani Papel E Embalagem Accounts Receivable Historical Data

The historical data trend for Irani Papel E Embalagem'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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Irani Papel E Embalagem Accounts Receivable Chart

Irani Papel E Embalagem 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 168.71 162.25 202.47 255.35 258.47

Irani Papel E Embalagem Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 258.47 252.95 252.32 268.23 268.58

Irani Papel E Embalagem Accounts Receivable Calculation

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


Irani Papel E Embalagem 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.

Irani Papel E Embalagem's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=268.579/383.601*91
=63.89

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

Irani Papel E Embalagem's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(607.515+0.75 * 268.579+0.5 * 127.513-2160.191
-0-0)/239.83
=-5.37

* 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.


Irani Papel E Embalagem Accounts Receivable Related Terms

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Irani Papel E Embalagem (BSP:RANI3) Business Description

Traded in Other Exchanges
N/A
Address
Rua General Joao Manoel, 157, 9th Floor, Room 903, Porto Alegre, RS, BRA, 90010-030
Irani Papel E Embalagem SA is a paper packaging company. The company's reportable segments include corrugated cardboard (PO) packaging segment manufactures light and heavy corrugated cardboard boxes and sheets. Its packaging paper segment produces low and high-weight Kraft paper and recycled paper for the domestic and foreign markets. The RS forest and resins segment plants pine trees for their own consumption. It generates maximum revenue from the corrugated cardboard (PO) packaging segment.

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