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Linde (BUD:LINDEPLC) Accounts Receivable : Ft1,849,960 Mil (As of Sep. 2024)


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What is Linde Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Linde's accounts receivables for the quarter that ended in Sep. 2024 was Ft1,849,960 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Linde's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 53.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Linde's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was Ft-26,711.51.


Linde Accounts Receivable Historical Data

The historical data trend for Linde'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.

Linde Accounts Receivable Chart

Linde 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 1,641,454.59 1,582,587.06 1,708,677.51 1,731,464.94 1,791,851.63

Linde 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 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 1,781,977.08 1,791,851.63 1,902,370.67 1,899,332.35 1,849,959.58

Linde Accounts Receivable Calculation

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


Linde 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1849959.581/3173529.513*91
=53.19

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

Linde'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)
=(1969973.382+0.75 * 1849959.581+0.5 * 792622.797-15929553.418
-0-543100.431)/476.158
=-26,711.51

* 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.


Linde Accounts Receivable Related Terms

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Linde Business Description

Address
10 Riverview Drive, Danbury, CT, USA, 06810
Linde PLC is the industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue in 2023.

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