Strauss Group (Strauss Group) Accounts Receivable : $268.21 Mil (As of Dec. 2023)

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What is Strauss Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Strauss Group's accounts receivables for the quarter that ended in Dec. 2023 was $268.21 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Strauss Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 53.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Strauss Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-7.86.

Strauss Group Accounts Receivable Historical Data

The historical data trend for Strauss Group'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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Strauss Group Accounts Receivable Chart

Strauss Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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267.14

266.34

260.19

253.77

268.21

Strauss Group 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															253.77	305.64	288.80	307.78	268.21

Strauss Group Accounts Receivable Calculation

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

Strauss Group 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	268.207	/	455.926	*	91
=	53.68

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

Strauss Group'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)
=	(138.248	+	0.75 * 268.207	+	0.5 * 221.946	-	1298.252
-	0	-	74.339)	/	117.293
=	-7.86

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.

Strauss Group Accounts Receivable Related Terms

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Strauss Group (Strauss Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Strauss Group Ltd (GREY:SGLJY) » Definitions » Accounts Receivable

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STRS:Israel

Address

49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, ISR, 4959504

Website

https://www.strauss-group.com

Strauss Group Ltd is a food and beverage company that holds a portfolio of companies including Strauss Coffee B.V., which produces coffee, teas, and other complementary products, and provides coffee services to hotels, restaurants, cafes, and working places; Strauss Israel, which offers a variety of products such as dairies, snacks, and drinks to Israel food market; Strauss Water, which specializes in drinking water solutions; and PepsiCo-Strauss Fresh Dips and Spreads, which supplies vegetarian dips and fresh foods. Its geographical segments are Israel, and Europe and the Rest of the World, of which the company generates most of its revenue from Israel.