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Ginebran Miguel (PHS:GSMI) Accounts Receivable : ₱1,428 Mil (As of Mar. 2025)


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What is Ginebran Miguel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ginebran Miguel's accounts receivables for the quarter that ended in Mar. 2025 was ₱1,428 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ginebran Miguel's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 8.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ginebran Miguel's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ₱28.39.


Ginebran Miguel Accounts Receivable Historical Data

The historical data trend for Ginebran Miguel'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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Ginebran Miguel Accounts Receivable Chart

Ginebran Miguel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 654.81 789.06 980.35 1,358.70 1,720.37

Ginebran Miguel Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,498.34 1,608.07 1,676.07 1,720.37 1,427.94

Ginebran Miguel Accounts Receivable Calculation

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


Ginebran Miguel 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.

Ginebran Miguel's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1427.936/16269.709*91
=8.01

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

Ginebran Miguel's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(14713.723+0.75 * 1427.936+0.5 * 8653.661-11930.001
-53.438-0)/286.328
=28.39

* 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.


Ginebran Miguel Accounts Receivable Related Terms

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Ginebran Miguel Business Description

Traded in Other Exchanges
N/A
Address
St. Francis Street, Ortigas Center, 3rd and 6th Floors, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names; Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.

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