Vranken Pommery Monopole (XBRU:VRAP) Accounts Receivable

: €67.7 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vranken Pommery Monopole's accounts receivables for the quarter that ended in Dec. 2023 was €67.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vranken Pommery Monopole's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 56.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vranken Pommery Monopole's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-59.50.

Vranken Pommery Monopole Accounts Receivable Historical Data

The historical data trend for Vranken Pommery Monopole'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.

Vranken Pommery Monopole Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

Get a 7-Day Free Trial

49.25

65.16

65.32

47.13

74.55

Vranken Pommery Monopole Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															47.13	32.87	74.55	38.54	67.72

Vranken Pommery Monopole Accounts Receivable Calculation

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

Vranken Pommery Monopole 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.

Vranken Pommery Monopole's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	67.716	/	220.679	*	91
=	56.00

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

Vranken Pommery Monopole'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)
=	(15.859	+	0.75 * 67.716	+	0.5 * 654.884	-	917.087
-	0	-	5.385)	/	8.87997
=	-59.50

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.

Vranken Pommery Monopole Accounts Receivable Related Terms

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

Vranken Pommery Monopole (XBRU:VRAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vranken Pommery Monopole (XBRU:VRAP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

VRAP:France 9VP:Germany

Address

5 place General Gouraud, Cedex 2, BP 1049, Reims, FRA, 51689

Website

http://www.vrankenpommery.com

Vranken Pommery Monopole is engaged in production and distribution of Champagnes and is also involved in distribution of rose wine. Its brands include Champagne Pommery, Vranken's Demoiselle and Diamant Champagnes, Charles Lafitte and Heidsieck Monopole.

Vranken Pommery Monopole (XBRU:VRAP) Headlines

No Headlines