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Aboitiz Equity Ventures (Aboitiz Equity Ventures) Accounts Receivable : $1,006 Mil (As of Dec. 2023)


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What is Aboitiz Equity Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aboitiz Equity Ventures's accounts receivables for the quarter that ended in Dec. 2023 was $1,006 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aboitiz Equity Ventures's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 68.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aboitiz Equity Ventures's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.73.


Aboitiz Equity Ventures Accounts Receivable Historical Data

The historical data trend for Aboitiz Equity Ventures'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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Aboitiz Equity Ventures Accounts Receivable Chart

Aboitiz Equity Ventures 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 608.63 657.58 830.40 1,060.37 1,006.47

Aboitiz Equity Ventures 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 1,060.37 950.41 976.95 965.86 1,006.47

Aboitiz Equity Ventures Accounts Receivable Calculation

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


Aboitiz Equity Ventures 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.

Aboitiz Equity Ventures's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1006.468/1349.994*91
=68.03

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

Aboitiz Equity Ventures'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)
=(1968.538+0.75 * 1006.468+0.5 * 806.348-7929.174
-0-1787.918)/561.979
=-11.73

* 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.


Aboitiz Equity Ventures Accounts Receivable Related Terms

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Aboitiz Equity Ventures (Aboitiz Equity Ventures) Business Description

Traded in Other Exchanges
Address
32nd Street, NAC Tower, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Equity Ventures Inc is a Philippines holding company with reportable segments of power distribution and generation, financial services, food manufacturing, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines.