Lucas Bols NV (LTS:0R6E) Accounts Receivable : €21.1 Mil (As of Sep. 2023)

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What is Lucas Bols NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lucas Bols NV's accounts receivables for the quarter that ended in Sep. 2023 was €21.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lucas Bols NV's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 69.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lucas Bols NV's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-7.11.

Lucas Bols NV Accounts Receivable Historical Data

The historical data trend for Lucas Bols NV'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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Lucas Bols NV Accounts Receivable Chart

Lucas Bols NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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19.75

20.28

12.74

16.94

14.49

Lucas Bols NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial															16.75	16.94	23.57	14.49	21.09

Lucas Bols NV Accounts Receivable Calculation

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

Lucas Bols NV 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.

Lucas Bols NV's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.091	/	55.744	*	91
=	69.05

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

Lucas Bols NV's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=	(16.803	+	0.75 * 21.091	+	0.5 * 24.028	-	151.072
-	0	-	0)	/	14.973
=	-7.11

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.

Lucas Bols NV Accounts Receivable Related Terms

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Lucas Bols NV (LTS:0R6E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lucas Bols NV (LTS:0R6E) » Definitions » Accounts Receivable

Traded in Other Exchanges

BOLS:Netherlands BOLSa:UK LUA:Germany

Address

Paulus Potterstraat 14, Amsterdam, NLD, 1071 CZ

Website

https://www.lucasbols.com

Lucas Bols NV is mainly involved in managing the product development, bottling, distribution, sales and marketing of the brands and a large group of Dutch genevers and liqueurs. It has Global brands and Regional brands segments. The company derives the majority of its revenues from the Global Brands segment which consist of the Bols Liqueurs range, Italian Liqueurs (Galliano and Vaccari), the white spirits portfolio (Bols Vodka, Bols Genever and Damrak Gin) and Passoa. The Regional Brands segment represent the brands which in general are sold on one continent and predominantly have an off-premise character. Geographically, the group has a business presence in Western Europe, Asia Pacific, North America and others.

Lucas Bols NV (LTS:0R6E) Headlines

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