AMP (AMLTF) Accounts Receivable : $121.0 Mil (As of Dec. 2024)

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What is AMP Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AMP's accounts receivables for the quarter that ended in Dec. 2024 was $121.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AMP's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 226.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AMP's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-5.55.

AMP Accounts Receivable Historical Data

The historical data trend for AMP'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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AMP Accounts Receivable Chart

AMP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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490.21

336.91

105.26

154.62

120.96

AMP Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial															105.26	268.46	154.62	268.92	120.96

AMP Accounts Receivable Calculation

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

AMP 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.

AMP's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	120.963	/	97.53	*	91
=	226.35

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

AMP's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=	(4546.548	+	0.75 * 120.963	+	0.5 * 0	-	18688.41
-	0	-	0)	/	2531.740
=	-5.55

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.

AMP Accounts Receivable Related Terms

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AMP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (OTCPK:AMLTF) » Definitions » Accounts Receivable

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AMP:Germany AMP:Australia

Address

50 Bridge Street, Level 29, Sydney, NSW, AUS, 2000

Website

https://www.amp.com.au

AMP, originally established as the Australian Mutual Provident Society, is a financial services provider in Australia and New Zealand. The firm's offerings span across wealth platforms, superannuation products, along with banking services like home loans and savings accounts through AMP Bank. Previously, AMP had a global investment management division under its subsidiary, AMP Capital, which managed a range of asset classes; an insurance business, AMP Life; as well as a financial advice business. These businesses were sold to various institutions throughout 2020-2024 as part of AMP's simplification program.