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Bayerische Motoren Werke AG (LTS:0O0U) Accounts Receivable : €41,000 Mil (As of Dec. 2023)


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What is Bayerische Motoren Werke AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bayerische Motoren Werke AG's accounts receivables for the quarter that ended in Dec. 2023 was €41,000 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bayerische Motoren Werke AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 87.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bayerische Motoren Werke AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-152.23.


Bayerische Motoren Werke AG Accounts Receivable Historical Data

The historical data trend for Bayerische Motoren Werke AG'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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Bayerische Motoren Werke AG Accounts Receivable Chart

Bayerische Motoren Werke AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43,925.00 38,550.00 37,966.00 39,467.00 41,000.00

Bayerische Motoren Werke AG 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 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 39,467.00 38,162.00 38,404.00 39,427.00 41,000.00

Bayerische Motoren Werke AG Accounts Receivable Calculation

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


Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41000/42968*91
=87.07

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

Bayerische Motoren Werke AG'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)
=(21458+0.75 * 41000+0.5 * 23708-157967
-0-3327)/638.716
=-152.23

* 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.


Bayerische Motoren Werke AG Accounts Receivable Related Terms

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Bayerische Motoren Werke AG (LTS:0O0U) Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

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