AdvancePierre Foods Holdings (FRA:1AC) Accounts Receivable : €84 Mil (As of Mar. 2017)

View and export this data going back to 2016. Start your Free Trial

What is AdvancePierre Foods Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AdvancePierre Foods Holdings's accounts receivables for the quarter that ended in Mar. 2017 was €84 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AdvancePierre Foods Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2017 was 20.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AdvancePierre Foods Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was €-15.04.

AdvancePierre Foods Holdings Accounts Receivable Historical Data

The historical data trend for AdvancePierre Foods Holdings'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.

AdvancePierre Foods Holdings Accounts Receivable Chart

AdvancePierre Foods Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Accounts Receivable

78.79

75.84

78.17

AdvancePierre Foods Holdings Quarterly Data
	Dec13	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Accounts Receivable	Get a 7-Day Free Trial						75.47	64.25	81.26	78.17	84.48

AdvancePierre Foods Holdings Accounts Receivable Calculation

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

AdvancePierre Foods Holdings 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.

AdvancePierre Foods Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	84.483	/	376.552	*	91
=	20.47

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

AdvancePierre Foods Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 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)
=	(106.644	+	0.75 * 84.483	+	0.5 * 211.937	-	1459.466
-	0	-	0)	/	78.6649
=	-15.04

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.

AdvancePierre Foods Holdings Accounts Receivable Related Terms

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

AdvancePierre Foods Holdings (FRA:1AC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AdvancePierre Foods Holdings Inc (FRA:1AC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.advancepierre.com

AdvancePierre Foods Holdings Inc was incorporated in Delaware on December 5, 2008 as Pierre Foods Holding Corporation and changed its name to AdvancePierre Foods Holdings, Inc., on March 16, 2016. The Company is a producer and distributor of value-added, ready-to-eat sandwiches, sandwich components and other entrÃ©es and snacks. It markets and distributes multiple product categories including ready-to-eat sandwiches, such as breakfast sandwiches, PB&J sandwiches and hamburgers; sandwich components, such as fully-cooked hamburger and chicken patties and Philly steaks; and other entrÃ©es and snacks, such as country fried steak, stuffed entrÃ©es, chicken tenders and cinnamon dough bites. The Company sells its value-added products to the foodservice, retail and convenience channels, as well as in the industrial channel. It operates in four segments Foodservice, Retail, Convenience and Industrial. Its Foodservice customers include national and regional distributors, who sells Company's products to end-customers including restaurant operators, schools, U.S. military and grocery deli counters. Its Retail segment serves an array of retail customers including national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores. The Convenience segment represents outlet for ready-to-eat sandwiches and includes sales to vending providers. Industrial segment consists of sales to other food producers under short-term co-manufacturing agreements. Its competitors include American Food Group, CTI, Allied Specialty Foods, Devault Foods, Lopez Foods and JTM Food Group.

AdvancePierre Foods Holdings (FRA:1AC) Headlines

No Headlines