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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Accounts Receivable : €19.3 Mil (As of Dec. 2023)


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What is Schwalbchen Molkerei Jakob Berz AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Schwalbchen Molkerei Jakob Berz AG's accounts receivables for the quarter that ended in Dec. 2023 was €19.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Schwalbchen Molkerei Jakob Berz AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 15.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Schwalbchen Molkerei Jakob Berz AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-2.67.


Schwalbchen Molkerei Jakob Berz AG Accounts Receivable Historical Data

The historical data trend for Schwalbchen Molkerei Jakob Berz AG'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.

Schwalbchen Molkerei Jakob Berz AG Accounts Receivable Chart

Schwalbchen Molkerei Jakob Berz AG 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 19.66 15.61 14.82 18.88 19.34

Schwalbchen Molkerei Jakob Berz AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 19.66 15.61 14.82 18.88 19.34

Schwalbchen Molkerei Jakob Berz AG Accounts Receivable Calculation

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


Schwalbchen Molkerei Jakob Berz AG 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.

Schwalbchen Molkerei Jakob Berz AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.34/224.554*91
=15.72

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

Schwalbchen Molkerei Jakob Berz AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(18.131+0.75 * 19.34+0.5 * 9.489-39.93
-0-0.913)/1.2984
=-2.67

* 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.


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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Business Description

Traded in Other Exchanges
N/A
Address
Bad Schwalbach, Bad Schwalbach, DEU, 65307
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWÄLBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.