H&R GmbH KGaA (XTER:2HRA) Accounts Receivable

: €106 Mil (As of Dec. 2023)

View and export this data going back to 1953. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. H&R GmbH KGaA's accounts receivables for the quarter that ended in Dec. 2023 was €106 Mil.

Accounts receivable can be measured by Days Sales Outstanding. H&R GmbH KGaA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 30.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. H&R GmbH KGaA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-6.45.

H&R GmbH KGaA Accounts Receivable Historical Data

The historical data trend for H&R GmbH KGaA'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.

H&R GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

86.88

81.58

125.63

124.43

105.81

H&R GmbH KGaA 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															124.43	124.82	138.58	124.02	105.81

H&R GmbH KGaA Accounts Receivable Calculation

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

H&R GmbH KGaA 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.

H&R GmbH KGaA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	105.805	/	315.458	*	91
=	30.61

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

H&R GmbH KGaA'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)
=	(69.362	+	0.75 * 105.805	+	0.5 * 202.607	-	445.621
-	0	-	44.6)	/	37.2217
=	-6.45

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.

H&R GmbH KGaA Accounts Receivable Related Terms

Thank you for viewing the detailed overview of H&R GmbH KGaA's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

H&R GmbH KGaA (XTER:2HRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » H&R GmbH & Co KGaA (XTER:2HRA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

2HRA:Germany 2HRA:Germany 2HRA:Germany

Address

Neuenkirchener Strasse 8, Salzbergen, DEU, 48499

Website

https://www.hur.com

H&R GmbH & Co KGaA is a manufacturer of chemical-pharmaceutical specialty products. The company organizes its operating activities into two business divisions: Chemical-Pharmaceutical Raw Materials and Plastics. It also has three business segments: ChemPharm Refining, ChemPharm Sales, and Plastics. The ChemPharm Refining segment produces specialty products from crude oil in the two domestic refineries (Hamburg-Neuhof and Salzbergen). Its ChemPharm Sales segment encompasses the production sites abroad as well as international sales activities. The company's Plastics segment manufactures high-precision plastic parts along with the associated tools and molds. The company derives the majority of its revenue from the ChemPharm Refining segment within Germany.

H&R GmbH KGaA (XTER:2HRA) Headlines

No Headlines