GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Universal Robina Corp (PHS:URC) » Definitions » Accounts Receivable

Universal Robina (PHS:URC) Accounts Receivable : ₱17,849 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Universal Robina Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Universal Robina's accounts receivables for the quarter that ended in Dec. 2023 was ₱17,849 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Universal Robina's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 39.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Universal Robina's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₱-5.95.


Universal Robina Accounts Receivable Historical Data

The historical data trend for Universal Robina'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.

Universal Robina Accounts Receivable Chart

Universal Robina Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,588.84 13,716.65 12,877.54 15,185.70 17,848.87

Universal Robina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15,185.70 18,105.84 16,948.89 17,473.41 17,848.87

Universal Robina Accounts Receivable Calculation

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


Universal Robina 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.

Universal Robina's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17848.867/40745.969*91
=39.97

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

Universal Robina's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(13190.284+0.75 * 17848.867+0.5 * 45969.952-61809.837
-0-712.4)/2177.42
=-5.95

* 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.


Universal Robina Accounts Receivable Related Terms

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


Universal Robina (PHS:URC) Business Description

Traded in Other Exchanges
Address
E. Rodriguez, Jr. Avenue (C5 Road), 8th Floor, Tera Tower, Bridgetowne, Ugong Norte, Metro Manila, Quezon City, PHL, 1110
Universal Robina Corp is a branded consumer food and beverage product company, originally from the Philippines. It is mainly present in the Association of Southeast Asian Nations, or ASEAN, markets, but the company also exports to markets in Japan, Korea, the U.S., Europe, the Middle East, and West Africa. URC's food-related businesses consist of manufacturing and distribution of branded consumer foods, commodities (mainly sugar and flour), milling of hogs and animal feed, and related products. URC's main regional brands are Jack 'n Jill, for snack foods; C2, for ready-to-drink tea; and Great Taste, for coffee. Its segment comprises Branded Consumer Food, Agro-Industrial Products and Commodity Food Products, and corporate Business.

Universal Robina (PHS:URC) Headlines

No Headlines