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Glanbia (MEX:GLB N) Accounts Receivable : MXN6,918 Mil (As of Dec. 2024)


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What is Glanbia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Glanbia's accounts receivables for the quarter that ended in Dec. 2024 was MXN6,918 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Glanbia's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 29.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Glanbia's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was MXN-66.54.


Glanbia Accounts Receivable Historical Data

The historical data trend for Glanbia'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.

Glanbia Accounts Receivable Chart

Glanbia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,573.53 8,349.20 6,891.84 7,480.55 6,917.84

Glanbia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 6,891.84 8,988.55 7,480.55 9,160.05 6,917.84

Glanbia Accounts Receivable Calculation

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


Glanbia 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6917.836/42214.022*91
=29.91

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

Glanbia's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(8696.827+0.75 * 6917.836+0.5 * 13239.198-37575.715
-0-0)/256.533
=-66.54

* 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.


Glanbia Accounts Receivable Related Terms

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Glanbia Business Description

Address
Ring Road, Glanbia House, Kilkenny, IRL, R95 E866
Glanbia PLC is a ingredient and branded performance nutrition manufacturer company. Company offer an incredible breadth of expertise in nutrition. It works with food and beverage companies and sell the products across the globe . The company segments include Glanbia Performance Nutrition, Glanbia Nutritionals and All other segments. The company generates majority of the revenue from Glanbia Nutritional segment.

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