Lenzing AG (WBO:LNZ) Accounts Receivable : €294 Mil (As of Dec. 2023)

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What is Lenzing AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lenzing AG's accounts receivables for the quarter that ended in Dec. 2023 was €294 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lenzing AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 41.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lenzing AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-65.23.

Lenzing AG Accounts Receivable Historical Data

The historical data trend for Lenzing 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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Lenzing AG Accounts Receivable Chart

Lenzing AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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251.44

249.66

325.17

293.61

294.48

Lenzing 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															293.61	325.70	318.00	322.40	294.48

Lenzing AG Accounts Receivable Calculation

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

Lenzing 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.

Lenzing 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
=	294.48	/	655.367	*	91
=	41.00

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

Lenzing 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)
=	(759.888	+	0.75 * 294.48	+	0.5 * 548.938	-	3472.398
-	0	-	301.779)	/	38.6182
=	-65.23

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.

Lenzing AG Accounts Receivable Related Terms

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Lenzing AG (WBO:LNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (WBO:LNZ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

LNZNF:USA 0NCV:UK LEN:Germany

Address

Werkstrasse 2, Lenzing, AUT, 4860

Website

https://www.lenzing.com

Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Executives

Georg Liftinger	Supervisory Board
Dr. Franz Gasselsberger	Supervisory Board
Dr. Christian Bruch	Supervisory Board
Stephan Sielaff	Board of Directors
Daniela Födinger	Supervisory Board
Patrick Prügger	Supervisory Board

Lenzing AG (WBO:LNZ) Headlines

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