GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZIM Integrated Shipping Services Ltd (FRA:2SV) » Definitions » Accounts Receivable

ZIM Integrated Shipping Services (FRA:2SV) Accounts Receivable : €957 Mil (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is ZIM Integrated Shipping Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ZIM Integrated Shipping Services's accounts receivables for the quarter that ended in Sep. 2024 was €957 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ZIM Integrated Shipping Services's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 35.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ZIM Integrated Shipping Services's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-29.01.


ZIM Integrated Shipping Services Accounts Receivable Historical Data

The historical data trend for ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services Accounts Receivable Chart

ZIM Integrated Shipping Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 237.37 376.07 1,042.53 633.90 371.29

ZIM Integrated Shipping Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 603.71 371.29 798.56 957.71 957.31

ZIM Integrated Shipping Services Accounts Receivable Calculation

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


ZIM Integrated Shipping Services 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.

ZIM Integrated Shipping Services's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=957.313/2491.445*91
=35.06

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

ZIM Integrated Shipping Services's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(2086.085+0.75 * 957.313+0.5 * 187.768-6386.108
-0-4.325)/120.389
=-29.01

* 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.


ZIM Integrated Shipping Services Accounts Receivable Related Terms

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


ZIM Integrated Shipping Services Business Description

Traded in Other Exchanges
Address
9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of its revenue from the Pacific trade region.

ZIM Integrated Shipping Services Headlines

No Headlines