GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alumil Aluminium Industry SA (ATH:ALMY) » Definitions » Accounts Receivable

Alumil Aluminium Industry (ATH:ALMY) Accounts Receivable : €89.4 Mil (As of Jun. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Alumil Aluminium Industry Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alumil Aluminium Industry's accounts receivables for the quarter that ended in Jun. 2023 was €89.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alumil Aluminium Industry's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 82.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alumil Aluminium Industry's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-5.36.


Alumil Aluminium Industry Accounts Receivable Historical Data

The historical data trend for Alumil Aluminium Industry'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.

Alumil Aluminium Industry Accounts Receivable Chart

Alumil Aluminium Industry Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.68 67.36 59.51 60.98 53.73

Alumil Aluminium Industry Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 56.82 60.98 82.23 53.73 89.38

Alumil Aluminium Industry Accounts Receivable Calculation

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


Alumil Aluminium Industry 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.

Alumil Aluminium Industry's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=89.382/196.559*91
=82.99

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

Alumil Aluminium Industry's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(19.315+0.75 * 89.382+0.5 * 116.205-279.996
-0-38.109)/32.4137
=-5.36

* 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.


Alumil Aluminium Industry Accounts Receivable Related Terms

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


Alumil Aluminium Industry (ATH:ALMY) Business Description

Traded in Other Exchanges
Address
Kilkis Industrial Area, Stavrohori, GRC, 61100
Alumil Aluminium Industry SA produces and distributes aluminium products. The company's main products include windows-doors, Entrance doors, Complementary systems for Windows & Doors, Curtain Walls, Shading systems, Railings and Fences, Wall Cladding systems, Partitions and Atriums.

Alumil Aluminium Industry (ATH:ALMY) Headlines

No Headlines