Ocado Group (STU:0OC) Accounts Receivable : €431 Mil (As of Nov. 2023)

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

What is Ocado Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ocado Group's accounts receivables for the quarter that ended in Nov. 2023 was €431 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ocado Group's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 47.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ocado Group's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was €-2.37.

Ocado Group Accounts Receivable Historical Data

The historical data trend for Ocado 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.

* Premium members only.

Ocado Group Accounts Receivable Chart

Ocado Group Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Accounts Receivable

Get a 7-Day Free Trial

118.89

78.72

116.63

381.88

142.84

Ocado Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Receivable	Get a 7-Day Free Trial															381.88	382.05	142.84	354.79	431.43

Ocado Group Accounts Receivable Calculation

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

Ocado 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	431.43	/	1671.36	*	91
=	47.11

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

Ocado Group's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=	(1041.799	+	0.75 * 431.43	+	0.5 * 146.07	-	3353.522
-	0	-	27.122)	/	817.943
=	-2.37

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.

Ocado Group Accounts Receivable Related Terms

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

Ocado Group (STU:0OC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ocado Group PLC (STU:0OC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

OCDGF:USA OCDDY:USA OCDO:Mexico OCDOl:UK OCDO:UK 0OC:Germany

Address

Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL

Website

https://www.ocadogroup.com

Ocado, one of the largest pure online grocers in the world, operates in two divisions. Ocado Retail is the group's online grocery business in the United Kingdom (joint venture with Marks & Spencer); it offers an extensive product range of over 55,000 items via its Ocado.com website and holds more than 15% of the U.K. online grocery market and approximately 2% of the total U.K. grocery market. Ocado Solutions is built on the Ocado Smart Platform, a modular, automated online retail fulfilment and delivery solution that involves the provision of software, fulfilment infrastructure, and support services to corporate clients for a variety of one-time and ongoing costs. OSP has allowed the company to work with some of the world's largest grocers, including Ocado's retail operation.

Ocado Group (STU:0OC) Headlines

No Headlines