KGSPF (Kingspan Group) Accounts Receivable : $1,686 Mil (As of Jun. 2024)

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What is Kingspan Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kingspan Group's accounts receivables for the quarter that ended in Jun. 2024 was $1,686 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kingspan Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 68.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kingspan Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-16.12.

Kingspan Group Accounts Receivable Historical Data

The historical data trend for Kingspan Group'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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Kingspan Group Accounts Receivable Chart

Kingspan Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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795.89

854.26

1,155.82

1,204.24

1,147.00

Kingspan Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial															1,770.83	1,204.24	1,685.70	1,147.00	1,685.68

Kingspan Group Accounts Receivable Calculation

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

Kingspan Group 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.

Kingspan Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1685.684	/	4485.468	*	91
=	68.59

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

Kingspan Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(576.211	+	0.75 * 1685.684	+	0.5 * 1255.867	-	5079.01
-	0	-	320.56)	/	181.846
=	-16.12

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.

Kingspan Group Accounts Receivable Related Terms

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Kingspan Group Business Description

Industry

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KGSPY:USA KRX:Ireland KRXi:UK 0KGP:UK KRX:Germany

Address

Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31

Website

https://www.kingspan.com

Kingspan Group is a global building products manufacturer with a portfolio that focuses on building envelope products and systems that aim to improve the energy efficiency of the built environment. Having entered insulation products markets in the 1980s, the group's scope has expanded significantly in the decades since to now include roofing, flooring, natural light ventilation, and water recycling solutions, as well as piping and ducting products used in HVAC and district heating applications. Kingspan has a global manufacturing footprint of more than 210 manufacturing sites spread across some 80 countries.