CNVAF (Cnova NV) Accounts Receivable: $83 Mil (As of Dec. 2024)

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CNVAF Cnova NV CNVAF
16 GF Score
Price $0.11
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What is Cnova NV Accounts Receivable?

Cnova NV CNVAF 16 Accounts Receivable is $83 Mil as of Dec. 2024. GuruFocus rates CNVAF with a GF Score™ of 16/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cnova NV's accounts receivables for the quarter that ended in Dec. 2024 was $83 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cnova NV's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 25.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cnova NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-3.70.

Cnova NV 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=82.934/594.873*91
=25.44

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

Cnova NV'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)
=(15.509+0.75 * 82.934+0.5 * 101.965-1335.403
-0-70.328)/345.210
=-3.70

* 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.

Cnova NV Accounts Receivable Related Terms

Cnova NV Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Cnova NV'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.

Cnova NV Accounts Receivable Chart

Cnova NV 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 203.42 170.46 87.93 101.06 82.93

Cnova NV 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 87.93 65.87 101.06 81.41 82.93
CNVAF
16GF Score
Cnova NV CNVAF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cnova NV Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $83 Mil mean?
Cnova NV (CNVAF) has a Accounts Receivable of $83 Mil as of Dec. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Cnova NV and its competitors.
Is Cnova NV's Accounts Receivable too high?
Cnova NV's current Accounts Receivable is $83 Mil. Overall, Cnova NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cnova NV's Accounts Receivable compare to AMZN and BABA?
Cnova NV's Accounts Receivable of $83 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Cnova NV and its competitors. Cnova NV's current Accounts Receivable is $83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cnova NV stock overvalued right now?
Cnova NV (CNVAF) has a current Accounts Receivable of $83 Mil. The current Accounts Receivable is $83 Mil. Cnova NV's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Cnova NV (CNVAF), the current Accounts Receivable is $83 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cnova NV Business Description

Address 120-126, quai de Bacalan, Bordeaux, FRA, 33067
Cnova NV is an e-commerce company. It provides its customers with a value proposition through a low-cost business model that offers attractive pricing, an extensive product assortment, and differentiated delivery and payment solutions. Its product offering categories are home appliances, consumer electronics, computers, home furnishings, leisure, and personal goods.
16GF Score

Get the complete analysis for CNVAF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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