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Amundi (LTS:0RDX) Accounts Receivable : €1,090 Mil (As of Jun. 2024)


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What is Amundi Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Amundi's accounts receivables for the quarter that ended in Jun. 2024 was €1,090 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Amundi's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 66.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Amundi's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-121.47.


Amundi Accounts Receivable Historical Data

The historical data trend for Amundi'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.

Amundi Accounts Receivable Chart

Amundi 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 1,280.23 1,119.54 1,248.85 1,854.86 930.14

Amundi 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 1,725.42 1,854.86 1,176.69 930.14 1,089.61

Amundi Accounts Receivable Calculation

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


Amundi 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1089.61/2988.543*91
=66.54

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

Amundi'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)
=(932.718+0.75 * 1089.61+0.5 * 0-26439.505
-0-52.913)/203.684
=-121.47

* 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.


Amundi Accounts Receivable Related Terms

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Amundi Business Description

Address
91-93, boulevard Pasteur, Paris, FRA, 75015
Amundi is the result of the merger of the asset manager businesses of French banks Credit Agricole and Societe Generale in 2010. In 2017 it expanded into Italy, Germany, and Austria by acquiring Pioneer Investments, previously the asset manager of UniCredit. France accounts for just under half of assets under management, while Italy and the rest of Europe contribute about 30% combined. Assets from Asia are growing rapidly and contribute just shy of 20%. Amundi is the largest European asset manager and a top 10 asset manager globally.

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