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Vladimir Chemical Plant PJSC (MIC:VLHZ) Accounts Receivable : ₽494 Mil (As of Jun. 2023)


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What is Vladimir Chemical Plant PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vladimir Chemical Plant PJSC's accounts receivables for the quarter that ended in Jun. 2023 was ₽494 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vladimir Chemical Plant PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 49.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vladimir Chemical Plant PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽-29.53.


Vladimir Chemical Plant PJSC Accounts Receivable Historical Data

The historical data trend for Vladimir Chemical Plant PJSC'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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Vladimir Chemical Plant PJSC Accounts Receivable Chart

Vladimir Chemical Plant PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 337.71 301.44 340.85 426.33 311.34

Vladimir Chemical Plant PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 471.09 426.33 410.43 311.34 493.65

Vladimir Chemical Plant PJSC Accounts Receivable Calculation

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


Vladimir Chemical Plant PJSC 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.

Vladimir Chemical Plant PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=493.646/1811.757*91
=49.73

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

Vladimir Chemical Plant PJSC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(50.787+0.75 * 493.646+0.5 * 355.11-746.377
-0-0)/5.0056
=-29.53

* 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.


Vladimir Chemical Plant PJSC Accounts Receivable Related Terms

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Vladimir Chemical Plant PJSC (MIC:VLHZ) Business Description

Traded in Other Exchanges
N/A
Address
81 Bolshaya Nizhegorodskaya Street, Vladimir, RUS, 600000
Vladimir Chemical Plant PJSC is engaged in producing Polyvinylchloride materials. The company also produces polyethers. Its products include Plasticized granulated polyvinylchloride and PVC sheet materials, PET films and fiberglass goods.

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