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Dexco (BSP:DXCO3) Accounts Receivable : R$1,086 Mil (As of Dec. 2023)


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What is Dexco Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dexco's accounts receivables for the quarter that ended in Dec. 2023 was R$1,086 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dexco's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 50.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dexco's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-8.93.


Dexco Accounts Receivable Historical Data

The historical data trend for Dexco'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.

Dexco Accounts Receivable Chart

Dexco 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 1,102.80 1,230.00 1,407.63 1,372.68 1,085.93

Dexco 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 1,372.68 1,265.28 1,321.22 1,164.95 1,085.93

Dexco Accounts Receivable Calculation

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


Dexco 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.

Dexco's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1085.931/1948.683*91
=50.85

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

Dexco'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)
=(2785.454+0.75 * 1085.931+0.5 * 1400.948-11398.513
-0-118.467)/808.142
=-8.93

* 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.


Dexco Accounts Receivable Related Terms

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Dexco (BSP:DXCO3) Business Description

Traded in Other Exchanges
N/A
Address
Paulista Avenue, 1938, 5th floor, Sao Paulo, SP, BRA, 01310-942
Dexco SA is engaged in the production of wooden panels, vitreous chinaware, metal bathroom fittings and showers, and ceramic and cement floors. It operates in these segments; The Wood segment operates four industrial units in Brazil and three in Colombia producing MDP panels (medium density panels), MDF and HDF panels (medium and high fiber density panels), under the Duratex brand, the Durafloor brand for laminates and semi-finished components for furniture, The Deca segment operates eight industrial units in Brazil, producing vitreous chinaware, metal fittings, and showers, under the brands Deca, Hydra, Belize, Elizabeth, and Hydra Corona, and the Ceramic Tile segment operates four industrial plants in Brazil, producing ceramic tiles, under the Ceusa, Portinari, and Castelatto brands.

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