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Wacker Chemie AG (LTS:0NR4) Accounts Receivable : €894 Mil (As of Jun. 2024)


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What is Wacker Chemie AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wacker Chemie AG's accounts receivables for the quarter that ended in Jun. 2024 was €894 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wacker Chemie AG's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 55.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wacker Chemie AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-39.73.


Wacker Chemie AG Accounts Receivable Historical Data

The historical data trend for Wacker Chemie 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.

Wacker Chemie AG Accounts Receivable Chart

Wacker Chemie 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 631.50 627.00 824.80 916.20 788.60

Wacker Chemie AG 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 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 1,201.00 916.20 924.00 788.60 894.10

Wacker Chemie AG Accounts Receivable Calculation

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


Wacker Chemie 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.

Wacker Chemie AG's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=894.1/2957.4*91
=55.17

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

Wacker Chemie AG'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)
=(1114.3+0.75 * 894.1+0.5 * 1594.5-4400.2
-0-155.5)/49.678
=-39.73

* 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.


Wacker Chemie AG Accounts Receivable Related Terms

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Wacker Chemie AG Business Description

Traded in Other Exchanges
Address
Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737
Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

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