GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » REV Group Inc (FRA:1RG) » Definitions » Accounts Receivable

REV Group (FRA:1RG) Accounts Receivable : €196 Mil (As of Apr. 2024)


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

What is REV Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. REV Group's accounts receivables for the quarter that ended in Apr. 2024 was €196 Mil.

Accounts receivable can be measured by Days Sales Outstanding. REV Group's Days Sales Outstanding for the quarter that ended in Apr. 2024 was 31.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. REV Group's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was €-7.89.


REV Group Accounts Receivable Historical Data

The historical data trend for REV 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.

REV Group Accounts Receivable Chart

REV Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.16 194.91 183.87 218.23 214.50

REV Group Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 218.42 190.38 214.50 205.17 196.28

REV Group Accounts Receivable Calculation

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


REV 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=196.279/574.951*91
=31.15

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

REV Group's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(35.602+0.75 * 196.279+0.5 * 587.533-886.052
-0-0)/51.9145
=-7.89

* 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.


REV Group Accounts Receivable Related Terms

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


REV Group (FRA:1RG) Business Description

Traded in Other Exchanges
Address
245 South Executive Drive, Suite 100, Brookfield, WI, USA, 53005
REV Group Inc is a United States-based designer, manufacturer, and distributor of specialty vehicles and related aftermarket parts and services. It provides customized vehicle solutions for applications including essential needs, industrial and commercial, and consumer leisure. The operating segments of the company are Fire & Emergency, Commercial, and Recreation. The products of the company are sold to municipalities, government agencies, private contractors, consumers, and industrial and commercial end-users. It derives a majority of the revenue from the Fire and Emergency segment which includes manufacturing of fire apparatus and ambulance products. The company operates in the United States, Canada, and the rest of the world.

REV Group (FRA:1RG) Headlines

No Headlines