GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wacker Neuson SE (WBO:WAC) » Definitions » Accounts Receivable

Wacker Neuson SE (WBO:WAC) Accounts Receivable : €347 Mil (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Wacker Neuson SE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wacker Neuson SE's accounts receivables for the quarter that ended in Dec. 2023 was €347 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wacker Neuson SE's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 49.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wacker Neuson SE's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-6.35.


Wacker Neuson SE Accounts Receivable Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Accounts Receivable Chart

Wacker Neuson SE 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 309.30 222.40 237.90 301.30 346.60

Wacker Neuson SE 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 301.30 377.40 405.00 392.60 346.60

Wacker Neuson SE Accounts Receivable Calculation

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


Wacker Neuson SE 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.

Wacker Neuson SE's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=346.6/641*91
=49.34

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

Wacker Neuson SE'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)
=(66.4+0.75 * 346.6+0.5 * 774.5-1145.2
-0-0)/68.0153
=-6.35

* 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.


Wacker Neuson SE Accounts Receivable Related Terms

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


Wacker Neuson SE (WBO:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (WBO:WAC) Headlines

No Headlines