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Petrol dd Ljubljana (LTS:0M0P) Accounts Receivable : €647 Mil (As of Mar. 2024)


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What is Petrol dd Ljubljana Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Petrol dd Ljubljana's accounts receivables for the quarter that ended in Mar. 2024 was €647 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Petrol dd Ljubljana's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 40.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Petrol dd Ljubljana's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-21.59.


Petrol dd Ljubljana Accounts Receivable Historical Data

The historical data trend for Petrol dd Ljubljana'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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Petrol dd Ljubljana Accounts Receivable Chart

Petrol dd Ljubljana Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 513.79 453.35 356.37 634.78 824.63

Petrol dd Ljubljana Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 824.63 683.47 681.22 692.20 646.92

Petrol dd Ljubljana Accounts Receivable Calculation

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


Petrol dd Ljubljana 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.

Petrol dd Ljubljana's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=646.915/1472.361*91
=40.09

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

Petrol dd Ljubljana'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)
=(106.875+0.75 * 646.915+0.5 * 210.929-1548.743
-0-36.293)/41.1116
=-21.59

* 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.


Petrol dd Ljubljana Accounts Receivable Related Terms

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Petrol dd Ljubljana (LTS:0M0P) Business Description

Traded in Other Exchanges
Address
Dunajska cesta 50, Ljubljana, SVN, 1000
Petrol dd Ljubljana is a Slovenia-based energy company, which provides oil and other energy products. The company's segment includes Fuels and petroleum products; Merchandise and services; Energy and solutions and Other. It generates maximum revenue from the Fuels and petroleum products segment. The Fuels and petroleum products segment includes sales of petroleum products, sales of liquefied petroleum gas and other alternative energy products, transport, storage and handling of fuels, revenue from payment cards, biomass sales, and sale of tyres, inner tubes and batteries.

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