IngealB de CV (MEX:INGEALB) Accounts Receivable: MXN1.07 Mil (As of Dec. 2017)

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What is IngealB de CV Accounts Receivable?

IngealB de CV MEX:INGEALB Accounts Receivable is MXN1.07 Mil as of Dec. 2017.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IngealB de CV's accounts receivables for the quarter that ended in Dec. 2017 was MXN1.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IngealB de CV's Days Sales Outstanding for the quarter that ended in Dec. 2017 was 56.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IngealB de CV's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was MXN-0.50.

IngealB 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.

IngealB de CV's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.072/1.718*91
=56.94

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

IngealB de CV's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 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)
=(37.915+0.75 * 1.072+0.5 * 1.294-73.583
-0-0)/67.987567
=-0.50

* 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.

IngealB de CV Accounts Receivable Related Terms

IngealB de CV Accounts Receivable Historical Data

* Premium members only.

The historical data trend for IngealB 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.

IngealB de CV Accounts Receivable Chart

IngealB de CV Annual Data
Trend Dec05 Dec09 Dec10 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial 14.94 12.80 2.86 1.07 1.07

IngealB de CV Quarterly Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec15 Dec16 Dec17
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 0.00 12.80 2.86 1.07 1.07

IngealB de CV Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of MXN1.07 Mil mean?
IngealB de CV (MEX:INGEALB) has a Accounts Receivable of MXN1.07 Mil as of Dec. 2017. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IngealB de CV and its competitors.
Is IngealB de CV's Accounts Receivable too high?
IngealB de CV's current Accounts Receivable is MXN1.07 Mil.
How does IngealB de CV's Accounts Receivable compare to competitors?
IngealB de CV's Accounts Receivable of MXN1.07 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IngealB de CV and its competitors. IngealB de CV's current Accounts Receivable is MXN1.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IngealB de CV stock overvalued right now?
IngealB de CV (MEX:INGEALB) has a current Accounts Receivable of MXN1.07 Mil. The current Accounts Receivable is MXN1.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For IngealB de CV (MEX:INGEALB), the current Accounts Receivable is MXN1.07 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IngealB de CV Business Description

Address LAKE TANGANYICA 71-202, GRANADA, Mexico, DF, MEX, 09820
Ingeal SAB de CV is a holding company, engaged in the food industry, which specializes in the production and sale of packaged foods, biscuits, pasta and chocolates.