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CGGGF (Coats Group) Accounts Receivable : $246 Mil (As of Dec. 2024)


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What is Coats Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Coats Group's accounts receivables for the quarter that ended in Dec. 2024 was $246 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Coats Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 58.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Coats Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.53.


Coats Group Accounts Receivable Historical Data

The historical data trend for Coats Group'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.

Coats Group Accounts Receivable Chart

Coats Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 223.50 302.70 235.50 238.10 245.70

Coats Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 235.50 294.10 238.10 311.40 245.70

Coats Group Accounts Receivable Calculation

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


Coats Group 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.

Coats Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=245.7/760.2*91
=58.98

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

Coats Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(146+0.75 * 245.7+0.5 * 176.1-1232.1
-0-32.5)/1592.905
=-0.53

* 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.


Coats Group Accounts Receivable Related Terms

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Coats Group Business Description

Traded in Other Exchanges
Address
14 Aldermanbury Square, 4th Floor, London, GBR, EC2V 7HS
Coats Group PLC is a firm manufacturing thread for industrial and consumer use. Its product portfolio includes industrial thread and knitting yarns used in the apparel and footwear industries, zips, trims, composites, and fabrics. The company's customers are grouped into three segments; Apparel which is also the key revenue generating customer segment, Footwear and Performance Materials. Geographically, the company generates a majority of its revenue from China and Hong Kong and the rest from Vietnam, India, United Kingdom and other regions.

Coats Group Headlines

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