Essity AB (Essity AB) Accounts Receivable : $2,275 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Essity AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Essity AB's accounts receivables for the quarter that ended in Mar. 2024 was $2,275 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Essity AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 62.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Essity AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-8.30.

Essity AB Accounts Receivable Historical Data

The historical data trend for Essity AB'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.

Essity AB Accounts Receivable Chart

Essity AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

2,105.93

2,131.39

2,186.13

2,504.34

2,136.95

Essity AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															2,519.50	2,641.26	2,419.89	2,136.95	2,275.03

Essity AB Accounts Receivable Calculation

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

Essity AB 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.

Essity AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2275.028	/	3347.325	*	91
=	62.02

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

Essity AB's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(1572.906	+	0.75 * 2275.028	+	0.5 * 1827.918	-	9979.541
-	0	-	44.087)	/	702.342
=	-8.30

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.

Essity AB Accounts Receivable Related Terms

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

Essity AB (Essity AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Essity AB (OTCPK:ETTYF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ESSITY A:Sweden ESSITY B:Sweden ESSIBs:UK 0RQD:UK ESWB:Germany

Address

Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23

Website

https://www.essity.com

Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine-care, baby-care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for 7% of net sales in fiscal 2021. Essity operates in 150 markets and generates over 50% of its revenue in Europe, although it also maintains significant exposure to emerging markets (38% of net sales in 2021).