ANDE (Andersons) Accounts Receivable : $765 Mil (As of Dec. 2024)

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What is Andersons Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Andersons's accounts receivables for the quarter that ended in Dec. 2024 was $765 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Andersons's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 22.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Andersons's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-28.71.

Andersons Accounts Receivable Historical Data

The historical data trend for Andersons'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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Andersons Accounts Receivable Chart

Andersons Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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641.33

835.18

1,248.88

762.55

764.55

Andersons Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial															762.55	701.71	743.55	756.62	764.55

Andersons Accounts Receivable Calculation

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

Andersons 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	764.55	/	3123.138	*	91
=	22.34

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

Andersons'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)
=	(561.771	+	0.75 * 764.55	+	0.5 * 1286.811	-	2521.478
-	0	-	233.65)	/	34.013
=	-28.71

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.

Andersons Accounts Receivable Related Terms

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Andersons Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Andersons Inc (NAS:ANDE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AKG:Germany

Address

1947 Briarfield Boulevard, PO Box 119, Maumee, OH, USA, 43537

Website

https://www.andersonsinc.com

Andersons Inc is a diversified company with its main focus in the agriculture sector. Its operations are segmented into Trade, Renewables, and Nutrient & Industrial. The Trade segment, which generates the majority of the revenue, is engaged in the movement of physical commodities such as whole grains, grain products, feed ingredients, and domestic fuel products, among other agricultural commodities. Geographically, the company generates the majority of its revenue from the United States and the rest from Canada, Mexico, Egypt, Switzerland, and other markets.

Executives

Joseph E Mcneely	officer: President, Rail Group	TWO NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
Patrick E. Bowe	director, officer: President & CEO	P O BOX 119, MAUMEE OH 43537
Michael J Anderson	director	C/O INTERSTATE BAKERIES CORP, 12 EAST ARMOUR BLVD, KANSAS CITY MO 64111
Brian K. Walz	officer: VP-Treasurer	P.O. BOX 119, MAUMEE OH 43537
William E. Krueger	officer: President, ATG Comm. & Merch.	P.O. BOX 119, MAUMEE OH 43537
Sarah Zibbel	officer: EVP & Chief HR Officer	P.O. BOX 119, MAUMEE OH 43537
Anne G Rex	officer: VP, Strategy, Planning and Dev	PO BOX 119, MAUMEE OH 43537
Steven K. Campbell	director	P.O. BOX 119, MAUMEE OH 43537
Gary A. Douglas	director	P.O. BOX 119, MAUMEE OH 43537
King Robert J Jr	director	FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Pamela S Hershberger	director	P.O. BOX 119, MAUMEE OH 43537
Patrick S. Mullin	director	1500 KEY TOWER, 127 PUBLIC SQUARE, CLEVELAND OH 44114
Ross W Manire	director	150 CARLTON AVENUE, GLEN ELLYN IL 20137
Gerard M Anderson	director	ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
Catherine M Kilbane	director