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Marel hf (OISE:MAREL) Accounts Receivable : kr29,603 Mil (As of Mar. 2024)


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What is Marel hf Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marel hf's accounts receivables for the quarter that ended in Mar. 2024 was kr29,603 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Marel hf's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 43.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Marel hf's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-232.85.


Marel hf Accounts Receivable Historical Data

The historical data trend for Marel hf'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.

Marel hf Accounts Receivable Chart

Marel hf Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,639.61 25,510.77 24,227.21 32,050.75 32,525.90

Marel hf Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 34,382.35 31,848.97 32,112.69 32,525.90 29,602.69

Marel hf Accounts Receivable Calculation

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


Marel hf 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.

Marel hf's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29602.686/62158.108*91
=43.46

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

Marel hf's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(5408.328+0.75 * 29602.686+0.5 * 52335.741-229334.194
-0-0)/753.951
=-232.85

* 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.


Marel hf Accounts Receivable Related Terms

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Marel hf (OISE:MAREL) Business Description

Traded in Other Exchanges
Address
Austurhraun 9, Gardabaer, ISL, 210
Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four divisions; poultry, fish, meat, and others.

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