GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Cyrela Brazil Realty SA Empreend e Part (BSP:CYRE3) » Definitions » Accounts Receivable

Cyrela Brazil Realty Empreend e Part (BSP:CYRE3) Accounts Receivable : R$2,858 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Cyrela Brazil Realty Empreend e Part Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cyrela Brazil Realty Empreend e Part's accounts receivables for the quarter that ended in Dec. 2023 was R$2,858 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cyrela Brazil Realty Empreend e Part's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 152.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cyrela Brazil Realty Empreend e Part's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-7.96.


Cyrela Brazil Realty Empreend e Part Accounts Receivable Historical Data

The historical data trend for Cyrela Brazil Realty Empreend e Part'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.

Cyrela Brazil Realty Empreend e Part Accounts Receivable Chart

Cyrela Brazil Realty Empreend e Part Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,251.68 1,355.21 1,724.41 2,150.67 2,857.73

Cyrela Brazil Realty Empreend e Part Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,150.67 2,121.43 2,316.70 2,569.02 2,857.73

Cyrela Brazil Realty Empreend e Part Accounts Receivable Calculation

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


Cyrela Brazil Realty Empreend e Part 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.

Cyrela Brazil Realty Empreend e Part's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2857.73/1710.231*91
=152.48

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

Cyrela Brazil Realty Empreend e Part's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2703.757+0.75 * 2857.73+0.5 * 3701.083-8871.374
-0-809.485)/374.921
=-7.96

* 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.


Cyrela Brazil Realty Empreend e Part Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Cyrela Brazil Realty Empreend e Part's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Cyrela Brazil Realty Empreend e Part (BSP:CYRE3) Business Description

Traded in Other Exchanges
Address
Rua do Rocio, 109, 2nd Floor, Room 01, Sao Paulo, SP, BRA, 04552-000
Cyrela Brazil Realty SA Empreend e Part is a Brazilian construction company engaged in the development and construction of residential properties, individually or together with other entities. The company has four operating segments; the Cyrela segment includes real estate projects classified by the Launch Committee as high-end and luxury, both of the Parent and joint ventures, the Living segment includes real estate projects classified by the Launch Committee as Living, both of the Parent and joint ventures, CVA segment includes real estate projects classified by the Launch Committee as Casa Verde e Amarela, both of the Parent and joint ventures and Other segment include land subdivision and service rendering activities.

Cyrela Brazil Realty Empreend e Part (BSP:CYRE3) Headlines

No Headlines