GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allane SE (FRA:LNSX) » Definitions » Accounts Receivable

Allane SE (FRA:LNSX) Accounts Receivable : €101.8 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Allane SE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Allane SE's accounts receivables for the quarter that ended in Mar. 2024 was €101.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Allane SE's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 52.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Allane SE's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-71.33.


Allane SE Accounts Receivable Historical Data

The historical data trend for Allane SE'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.

Allane SE Accounts Receivable Chart

Allane SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.98 69.17 75.22 82.70 98.40

Allane SE 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 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 70.60 77.97 72.49 98.40 101.78

Allane SE Accounts Receivable Calculation

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


Allane SE 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=101.781/175.513*91
=52.92

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

Allane SE'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)
=(6.369+0.75 * 101.781+0.5 * 41.49-1570.742
-0-3.013)/20.6116
=-71.33

* 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.


Allane SE Accounts Receivable Related Terms

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


Allane SE (FRA:LNSX) Business Description

Traded in Other Exchanges
Address
Dr. Carl von Linde Strage 2, Pullach, BY, DEU, 82049
Allane SE Formerly Sixt Leasing SE provides leasing solutions to private, corporate, fleet and international customers. It has two business segments: Leasing and Fleet management. Leasing segment consists of two business fields: Fleet leasing and retail leasing. The company mainly operates in Germany and other European markets.

Allane SE (FRA:LNSX) Headlines

No Headlines