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Pilkington Deutschland AG (HAM:FDD) Accounts Receivable : €6.9 Mil (As of Mar. 2024)


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What is Pilkington Deutschland AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pilkington Deutschland AG's accounts receivables for the quarter that ended in Mar. 2024 was €6.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pilkington Deutschland AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pilkington Deutschland AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-115.70.


Pilkington Deutschland AG Accounts Receivable Historical Data

The historical data trend for Pilkington Deutschland 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.

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Pilkington Deutschland AG Accounts Receivable Chart

Pilkington Deutschland AG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.36 10.31 8.09 8.70 6.89

Pilkington Deutschland AG Semi-Annual Data
Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 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 8.36 10.31 8.09 8.70 6.89

Pilkington Deutschland AG Accounts Receivable Calculation

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


Pilkington Deutschland 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.

Pilkington Deutschland AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.894/404.607*91
=3.11

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

Pilkington Deutschland AG'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)
=(0.172+0.75 * 6.894+0.5 * 64.89-351.392
-0-0)/2.7104
=-115.70

* 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.


Pilkington Deutschland AG Accounts Receivable Related Terms

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Pilkington Deutschland AG Business Description

Traded in Other Exchanges
N/A
Address
Haydnstrasse 19, Gelsenkirchen, DEU, 45884
Pilkington Deutschland AG manufactures and markets flat and safety glass for the building and automotive markets. It manufactures glass and glass products for Architectural application such as new construction, renovation, and solar applications, Automotive application namely equipment and automotive glass parts and Technical Glass which covers a wide range of refined glasses for displays, optoelectronics and fiberglass products.

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