GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » San Miguel Food And Beverage Inc (OTCPK:SMPFF) » Definitions » Accounts Receivable

San Miguel Food And Beverage (San Miguel Food And Beverage) Accounts Receivable : $374.05 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is San Miguel Food And Beverage Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. San Miguel Food And Beverage's accounts receivables for the quarter that ended in Mar. 2024 was $374.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. San Miguel Food And Beverage's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 20.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. San Miguel Food And Beverage's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.42.


San Miguel Food And Beverage Accounts Receivable Historical Data

The historical data trend for San Miguel Food And Beverage'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.

San Miguel Food And Beverage Accounts Receivable Chart

San Miguel Food And Beverage 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 362.53 317.75 395.93 339.54 399.76

San Miguel Food And Beverage 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 275.73 292.01 329.32 399.76 374.05

San Miguel Food And Beverage Accounts Receivable Calculation

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


San Miguel Food And Beverage 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.

San Miguel Food And Beverage's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=374.049/1653.064*91
=20.65

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

San Miguel Food And Beverage'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)
=(1174.581+0.75 * 374.049+0.5 * 788.303-3270.514
-5.197-1058.455)/5909.000
=-0.42

* 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.


San Miguel Food And Beverage Accounts Receivable Related Terms

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


San Miguel Food And Beverage (San Miguel Food And Beverage) Business Description

Traded in Other Exchanges
Address
No. 100 E. Rodriguez Jr. Avenue (C-5 Road), Barangay Ugong, Pasig, PHL, 1604
San Miguel Food And Beverage Inc is a food company located in the Philippines. The company and its subsidiaries are involved in poultry and livestock operations, feeds and flour milling, dairy and coffee operations, franchising and young animal ration manufacturing and distribution. The firm sells and markets its products under B-meg, Magnolia, Monterey, San Miguel Mills, Pure foods, Hungry Juan brand names. Its operating segments include Beer and non-alcoholic beverages (NAB), Spirits, and Food. The company generates maximum revenue from Food segment.

San Miguel Food And Beverage (San Miguel Food And Beverage) Headlines

From GuruFocus

A Way to Ride the Growing Philippine Economy?

By Mark Yu Mark Yu 12-21-2016