voestalpine AG (voestalpine AG) Accounts Receivable : $2,045 Mil (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is voestalpine AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. voestalpine AG's accounts receivables for the quarter that ended in Dec. 2023 was $2,045 Mil.

Accounts receivable can be measured by Days Sales Outstanding. voestalpine AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. voestalpine AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-22.93.

voestalpine AG Accounts Receivable Historical Data

The historical data trend for voestalpine 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.

* Premium members only.

voestalpine AG Accounts Receivable Chart

voestalpine AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

Get a 7-Day Free Trial

2,283.96

1,019.12

1,149.52

1,334.58

1,213.81

voestalpine 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															2,208.48	1,213.81	2,311.48	2,048.35	2,045.26

voestalpine AG Accounts Receivable Calculation

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

voestalpine 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.

voestalpine 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
=	2045.256	/	4225.518	*	91
=	44.17

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

voestalpine 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)
=	(1288.986	+	0.75 * 2045.256	+	0.5 * 6109.16	-	9621.81
-	0	-	316.358)	/	177.057
=	-22.93

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.

voestalpine AG Accounts Receivable Related Terms

Thank you for viewing the detailed overview of voestalpine AG's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

voestalpine AG (voestalpine AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » voestalpine AG (OTCPK:VLPNF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

VLPNY:USA 0MKX:UK VAS:Germany VOE:Czech Republic VOE:Austria

Address

Voestalpine-Strasse 1, Linz, AUT, 4020

Website

https://www.voestalpine.com

voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.