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Volvo Car AB (OSTO:VOLCAR B) Accounts Receivable : kr26,509 Mil (As of Mar. 2024)


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What is Volvo Car AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Volvo Car AB's accounts receivables for the quarter that ended in Mar. 2024 was kr26,509 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Volvo Car AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 25.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Volvo Car AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-23.11.


Volvo Car AB Accounts Receivable Historical Data

The historical data trend for Volvo Car AB'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.

Volvo Car AB Accounts Receivable Chart

Volvo Car AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 13,243.00 14,776.00 18,553.00 25,239.00 19,284.00

Volvo Car AB Quarterly Data
Dec18 Dec19 Jun20 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 21,067.00 24,971.00 20,615.00 19,284.00 26,509.00

Volvo Car AB Accounts Receivable Calculation

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


Volvo Car AB 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.

Volvo Car AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26509/93878*91
=25.77

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

Volvo Car AB'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)
=(46062+0.75 * 26509+0.5 * 72684-235444
-0-4535)/5959.05
=-23.11

* 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.


Volvo Car AB Accounts Receivable Related Terms

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Volvo Car AB (OSTO:VOLCAR B) Business Description

Traded in Other Exchanges
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

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