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Controladora NemakB De CV (MEX:NMKA) Accounts Receivable : MXN5,508 Mil (As of Sep. 2021)


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What is Controladora NemakB De CV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Controladora NemakB De CV's accounts receivables for the quarter that ended in Sep. 2021 was MXN5,508 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Controladora NemakB De CV's Days Sales Outstanding for the quarter that ended in Sep. 2021 was 29.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Controladora NemakB De CV's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was MXN-14.84.


Controladora NemakB De CV Accounts Receivable Historical Data

The historical data trend for Controladora NemakB 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.

* Premium members only.

Controladora NemakB De CV Accounts Receivable Chart

Controladora NemakB De CV Annual Data
Trend Dec17 Dec18 Dec19
Accounts Receivable
5,783.00 6,533.00 4,560.00

Controladora NemakB De CV Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10,902.00 8,324.03 7,531.40 5,507.63

Controladora NemakB De CV Accounts Receivable Calculation

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


Controladora NemakB 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.

Controladora NemakB De CV's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5507.634/17216.502*91
=29.19

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

Controladora NemakB De CV's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 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)
=(4267.674+0.75 * 5507.634+0.5 * 17605.192-62872.745
-0-0)/3076.59
=-14.84

* 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.


Controladora NemakB De CV Accounts Receivable Related Terms

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Controladora NemakB De CV (MEX:NMKA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Librameinto Arco Vial Km 3.8, Garcia, NL, MEX, 66000
Controladora Nemak SAB De CV manufactures and markets lightweighting solutions for the Automotive industry. The company specializes in the development of aluminum components for powertrain and body structure applications. The product portfolio includes cylinder heads, engine blocks, transmission cases, shock towers, subframes, battery housings, and other products.

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