Amcor (ASX:AMC) Accounts Receivable : A$2,914 Mil (As of Sep. 2024)

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What is Amcor Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Amcor's accounts receivables for the quarter that ended in Sep. 2024 was A$2,914 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Amcor's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 53.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Amcor's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was A$-10.18.

Amcor Accounts Receivable Historical Data

The historical data trend for Amcor'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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Amcor Accounts Receivable Chart

Amcor Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Receivable

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2,341.58

2,438.11

2,753.51

2,793.75

2,780.08

Amcor Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial															2,909.72	2,719.08	2,950.88	2,780.08	2,914.12

Amcor Accounts Receivable Calculation

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

Amcor 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2914.121	/	4952.381	*	91
=	53.69

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

Amcor's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(638.064	+	0.75 * 2914.121	+	0.5 * 3290.756	-	19078.409
-	0	-	109.298)	/	1445.34
=	-10.18

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.

Amcor Accounts Receivable Related Terms

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Amcor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Amcor PLC (ASX:AMC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AMCR:USA AMCCF:USA 485:Germany 485:Germany 485B:Germany A1CR34:Brazil

Address

83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP

Website

https://www.amcor.com

Amcor is a global producer of plastic packaging primarily for the fast-moving consumer goods industry. About 90% of earnings are exposed to the flexible packaging business. This is soft disposable plastic for a variety of food, drink, healthcare, and hygiene products. The remainder of earnings are from the Latin and North American rigids business, which is primarily beverage bottling for the soft drink industry. Operating in more than 35 countries, Amcor has market share in its established regions of North America, Latin America, Europe, and Asia-Pacific. About half of group sales are derived from North America and the remainder is split equally between Western Europe and emerging markets. Australia and New Zealand sales make up less than 5% of group sales.