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Vestas Wind Systems AS (MEX:VWS N) Accounts Receivable : MXN31,450 Mil (As of Mar. 2025)


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What is Vestas Wind Systems AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vestas Wind Systems AS's accounts receivables for the quarter that ended in Mar. 2025 was MXN31,450 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vestas Wind Systems AS's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 37.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vestas Wind Systems AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was MXN-305.79.


Vestas Wind Systems AS Accounts Receivable Historical Data

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Accounts Receivable Chart

Vestas Wind Systems AS 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 37,218.85 35,488.06 26,435.25 24,156.37 37,540.26

Vestas Wind Systems AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 21,827.68 25,084.15 30,748.34 37,540.26 31,450.34

Vestas Wind Systems AS Accounts Receivable Calculation

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


Vestas Wind Systems AS 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.

Vestas Wind Systems AS's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31450.336/76701.662*91
=37.42

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

Vestas Wind Systems AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(78802.775+0.75 * 31450.336+0.5 * 148825.111-484627.112
-0-287.521)/1007.604
=-305.79

* 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.


Vestas Wind Systems AS Accounts Receivable Related Terms

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Vestas Wind Systems AS Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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