GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » LafargeHolcim Maroc SA (CAS:LHM) » Definitions » Accounts Receivable

LafargeHolcim Maroc (CAS:LHM) Accounts Receivable : MAD1,033 Mil (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is LafargeHolcim Maroc Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LafargeHolcim Maroc's accounts receivables for the quarter that ended in Dec. 2023 was MAD1,033 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LafargeHolcim Maroc's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LafargeHolcim Maroc's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was MAD-320.42.


LafargeHolcim Maroc Accounts Receivable Historical Data

The historical data trend for LafargeHolcim Maroc'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.

LafargeHolcim Maroc Accounts Receivable Chart

LafargeHolcim Maroc 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 1,174.04 907.13 941.77 914.94 1,032.64

LafargeHolcim Maroc Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 941.77 1,005.12 914.94 1,078.87 1,032.64

LafargeHolcim Maroc Accounts Receivable Calculation

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


LafargeHolcim Maroc 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1032.64/4082.345*91
=46.16

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

LafargeHolcim Maroc'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)
=(153.686+0.75 * 1032.64+0.5 * 644.907-8722.736
-0-0)/23.3196
=-320.42

* 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.


LafargeHolcim Maroc Accounts Receivable Related Terms

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


LafargeHolcim Maroc (CAS:LHM) Business Description

Traded in Other Exchanges
N/A
Address
6, Route de Mekka, Quartier les Cretes, Casablanca, MAR, 20150
LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.

LafargeHolcim Maroc (CAS:LHM) Headlines

No Headlines