GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Altran Technologies (GREY:ALTKF) » Definitions » Accounts Receivable

Altran Technologies (Altran Technologies) Accounts Receivable : $468 Mil (As of Jun. 2019)


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

What is Altran Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Altran Technologies's accounts receivables for the quarter that ended in Jun. 2019 was $468 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Altran Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2019 was 47.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Altran Technologies's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $-11.22.


Altran Technologies Accounts Receivable Historical Data

The historical data trend for Altran Technologies'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.

Altran Technologies Accounts Receivable Chart

Altran Technologies Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 439.24 430.63 417.12 423.55 438.63

Altran Technologies Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 551.66 423.55 519.45 438.63 467.82

Altran Technologies Accounts Receivable Calculation

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


Altran Technologies 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.

Altran Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=467.82/1801.182*91
=47.40

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

Altran Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 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)
=(386.388+0.75 * 467.82+0.5 * 2.562-3592.12
-0-3.779)/254.559
=-11.22

* 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.


Altran Technologies Accounts Receivable Related Terms

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


Altran Technologies (Altran Technologies) Business Description

Traded in Other Exchanges
N/A
Address
96 avenue Charles de Gaulle, Neuilly-sur-Seine, FRA, 92200
Altran Technologies offers engineering consulting services for the creation and development of new products and services. The company focuses on the Aerospace, Defense, Railways, Automotive, Energy, Nuclear, Healthcare, Telecoms and Finance sectors. Altran is an international company with operations across Europe, Asia and the United States. The company's revenue is divided into two segments: engineering & R&D and organization & IT systems consulting. The engineering and R&D segment accounts for the majority of the company's revenue. Geographically, Altran earns most of its revenue in Europe with an emphasis on revenue from France.

Altran Technologies (Altran Technologies) Headlines

From GuruFocus

David Herro Comments on Altran Technologies

By Holly LaFon Holly LaFon 04-08-2014

David Herro Comments on Altran Technologies

By Vera Yuan Vera Yuan 10-07-2014