GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Landis+Gyr Group AG (XSWX:LAND) » Definitions » Accounts Receivable

Landis+Gyr Group AG (XSWX:LAND) Accounts Receivable : CHF282 Mil (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Landis+Gyr Group AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Landis+Gyr Group AG's accounts receivables for the quarter that ended in Sep. 2023 was CHF282 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Landis+Gyr Group AG's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 58.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Landis+Gyr Group AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was CHF-13.47.


Landis+Gyr Group AG Accounts Receivable Historical Data

The historical data trend for Landis+Gyr Group 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.

Landis+Gyr Group AG Accounts Receivable Chart

Landis+Gyr Group AG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 368.13 322.10 262.33 300.77 325.20

Landis+Gyr Group AG Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 234.75 300.77 279.50 325.20 281.67

Landis+Gyr Group AG Accounts Receivable Calculation

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


Landis+Gyr Group 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.

Landis+Gyr Group AG's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=281.67/873.031*91
=58.88

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

Landis+Gyr Group AG's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(95.562+0.75 * 281.67+0.5 * 256.249-822.621
-0-1.447)/28.8834
=-13.47

* 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.


Landis+Gyr Group AG Accounts Receivable Related Terms

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


Landis+Gyr Group AG (XSWX:LAND) Business Description

Traded in Other Exchanges
Address
Alte Steinhauserstrasse 18, Cham, CHE, CH-6330
Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. The company's geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Gridstream and advanced meter solutions, digital electricity meters, and other related services. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and The Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.