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Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Accounts Receivable : $1,221 Mil (As of Dec. 2022)


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What is Siemens Gamesa Renewable Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Siemens Gamesa Renewable Energy's accounts receivables for the quarter that ended in Dec. 2022 was $1,221 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Siemens Gamesa Renewable Energy's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 52.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Siemens Gamesa Renewable Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-3.45.


Siemens Gamesa Renewable Energy Accounts Receivable Historical Data

The historical data trend for Siemens Gamesa Renewable Energy'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.

Siemens Gamesa Renewable Energy Accounts Receivable Chart

Siemens Gamesa Renewable Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Sep18 Sep19 Sep20 Sep21 Sep22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,299.79 1,417.16 1,345.48 1,059.54 1,089.40

Siemens Gamesa Renewable Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1,000.00 1,373.56 1,058.14 1,089.40 1,221.40

Siemens Gamesa Renewable Energy Accounts Receivable Calculation

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


Siemens Gamesa Renewable Energy 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.

Siemens Gamesa Renewable Energy's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1221.398/2127.119*91
=52.40

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

Siemens Gamesa Renewable Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(1529.661+0.75 * 1221.398+0.5 * 2682.203-15520.127
-0-1.059)/3404.11
=-3.45

* 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.


Siemens Gamesa Renewable Energy Accounts Receivable Related Terms

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Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Business Description

Traded in Other Exchanges
N/A
Address
Parque Tecnologico de Bizkaia, Building 222, Vizcaya, Zamudio, ESP, 48170
Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and services. Siemens Gamesa retained its position as the leading installer of offshore turbines in 2020. Siemens Energy (a recent spinoff from Siemens AG) has announced the takeover and delisting of Siemens Gamesa.

Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Headlines