GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Century Pacific Food Inc (PHS:CNPF) » Definitions » Accounts Receivable

Century Pacific Food (PHS:CNPF) Accounts Receivable : ₱10,796 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Century Pacific Food Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Century Pacific Food's accounts receivables for the quarter that ended in Mar. 2024 was ₱10,796 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Century Pacific Food's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Century Pacific Food's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱0.01.


Century Pacific Food Accounts Receivable Historical Data

The historical data trend for Century Pacific Food'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.

Century Pacific Food Accounts Receivable Chart

Century Pacific Food 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 5,942.18 6,195.02 7,348.85 8,411.06 9,007.45

Century Pacific Food 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 9,257.84 9,799.85 10,212.53 9,007.45 10,795.66

Century Pacific Food Accounts Receivable Calculation

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


Century Pacific Food 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.

Century Pacific Food's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10795.656/18151.62*91
=54.27

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

Century Pacific Food'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)
=(4596.125+0.75 * 10795.656+0.5 * 16487.257-20917.48
-0-0)/3542.26
=0.01

* 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.


Century Pacific Food Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Century Pacific Food's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Century Pacific Food (PHS:CNPF) Business Description

Traded in Other Exchanges
N/A
Address
Julia Vargas corner Garnet Street, 7th, 8th, and 19th Floor Centerpoint Building, Ortigas Business Center, Metro Manila, Pasig, PHL, 1605
Century Pacific Food Inc is engaged in buying, selling, processing, canning, packaging, and manufacturing food products such as marine products, animal products, and agricultural crops. The business is divided into seven operating segments: Canned and Processed fish, which consists of tuna, sardines, and other marine products; Canned Meat, which consists of corned beef, meatloaf, and other meat products; Milk, which includes canned milk, powdered milk, and other dairy products; Tuna export which includes private label canned, pouched, and frozen tuna; Coco Water, which contains coconut beverages, coconut oil, and other coconut products; Packaging, which includes packaging products and Corporate, which covers management services and warehousing.

Century Pacific Food (PHS:CNPF) Headlines

No Headlines