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Manitou BF (FRA:3MU) Accounts Receivable : €493 Mil (As of Dec. 2024)


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What is Manitou BF Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Manitou BF's accounts receivables for the quarter that ended in Dec. 2024 was €493 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Manitou BF's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 72.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Manitou BF's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-7.09.


Manitou BF Accounts Receivable Historical Data

The historical data trend for Manitou BF'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.

Manitou BF Accounts Receivable Chart

Manitou BF 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 300.03 326.31 488.64 644.89 492.98

Manitou BF 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 488.64 517.82 644.89 528.63 492.98

Manitou BF Accounts Receivable Calculation

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


Manitou BF 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=492.977/1249.166*91
=72.02

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

Manitou BF'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)
=(42.6+0.75 * 492.977+0.5 * 871.582-1119.177
-0-0.132)/38.266
=-7.09

* 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.


Manitou BF Accounts Receivable Related Terms

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Manitou BF Business Description

Traded in Other Exchanges
Address
430, rue de l'Aubiniere, Ancenis, FRA, 44158
Manitou BF SA is an industrial equipment manufacturer based in France. It is one of the companies in developing all-terrain material handling equipment meant for construction, agricultural and industrial usage. Manitou's product mix is comprised of fixed, rotating and heavyweight all-terrain telescopic forklift-trucks, semi-industrial and industrial all-terrain masted forklift-trucks, compact loaders, aerial work platforms for personnel and warehousing equipment. These products are marketed through well-known brands such as Manitou, Gehl, and Mustang available with dealers throughout the world. Most of its revenue is derived from sales in countries of Northern Europe.

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