MOOV (Moove Lubricants Holdings) Accounts Receivable: $255.86 Mil (As of Jun. 2024)

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What is Moove Lubricants Holdings Accounts Receivable?

Moove Lubricants Holdings MOOV Accounts Receivable is $255.86 Mil as of Jun. 2024.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Moove Lubricants Holdings's accounts receivables for the quarter that ended in Jun. 2024 was $255.86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Moove Lubricants Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 50.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Moove Lubricants Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-7.56.

Moove Lubricants Holdings 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.

Moove Lubricants Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=255.862/932.921*91
=50.05

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

Moove Lubricants Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(146.621+0.75 * 255.862+0.5 * 279.22-1318.391
-0-0.133)/111.141
=-7.56

* 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.

Moove Lubricants Holdings Accounts Receivable Related Terms

Moove Lubricants Holdings Accounts Receivable Historical Data

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The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings Accounts Receivable Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
0.00 209.66 223.16

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Accounts Receivable 0.00 209.66 0.00 223.16 255.86

Moove Lubricants Holdings 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 $255.86 Mil mean?
Moove Lubricants Holdings (MOOV) has a Accounts Receivable of $255.86 Mil as of Jun. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Moove Lubricants Holdings and its competitors.
Is Moove Lubricants Holdings' Accounts Receivable too high?
Moove Lubricants Holdings' current Accounts Receivable is $255.86 Mil.
How does Moove Lubricants Holdings' Accounts Receivable compare to ?
Moove Lubricants Holdings' Accounts Receivable of $255.86 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Accounts Receivable depends on the Chemicals 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 Moove Lubricants Holdings and its competitors. Moove Lubricants Holdings's current Accounts Receivable is $255.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current Accounts Receivable of $255.86 Mil. The current Accounts Receivable is $255.86 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 Moove Lubricants Holdings (MOOV), the current Accounts Receivable is $255.86 Mil as of Jun. 2024. 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.

Moove Lubricants Holdings Business Description

Comparable Companies
Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.