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GrupeB de CV (MEX:CIDMEGA) Accounts Receivable : MXN915 Mil (As of Sep. 2024)


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What is GrupeB de CV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GrupeB de CV's accounts receivables for the quarter that ended in Sep. 2024 was MXN915 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GrupeB de CV's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 101.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GrupeB de CV's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was MXN-51.22.


GrupeB de CV Accounts Receivable Historical Data

The historical data trend for GrupeB de CV'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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GrupeB de CV Accounts Receivable Chart

GrupeB de CV 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 1,008.84 869.77 926.10 1,011.76 907.20

GrupeB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 882.09 907.20 994.23 986.73 915.48

GrupeB de CV Accounts Receivable Calculation

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


GrupeB de CV 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.

GrupeB de CV's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=915.479/821.903*91
=101.64

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

GrupeB de CV's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(612.892+0.75 * 915.479+0.5 * 116.65-4151.889
-0-558.296)/65.4444
=-51.22

* 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.


GrupeB de CV Accounts Receivable Related Terms

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GrupeB de CV Business Description

Traded in Other Exchanges
N/A
Address
Avenida Camaron Sabalo S/N, Fraccionamiento El Cid, Sinaloa, Mazatlan, MEX, 82110
Grupe SAB de CV is a Mexico based company that operates various hotels and tourist groups under its holdings. The company owns and manages El Cid Resorts which operate five hotels in Mazatlan, Cancun and Cozumel.

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