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FDJ United (STU:1WE) Accounts Receivable : €729 Mil (As of Dec. 2024)


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What is FDJ United Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FDJ United's accounts receivables for the quarter that ended in Dec. 2024 was €729 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FDJ United's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 81.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FDJ United's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-21.47.


FDJ United Accounts Receivable Historical Data

The historical data trend for FDJ United'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.

FDJ United Accounts Receivable Chart

FDJ United Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 255.40 358.50 465.80 559.50 729.30

FDJ United Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 465.80 291.00 559.50 468.20 729.30

FDJ United Accounts Receivable Calculation

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


FDJ United 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.

FDJ United's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=729.3/1636.8*91
=81.32

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

FDJ United's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(843.2+0.75 * 729.3+0.5 * 19.9-5367.3
-0-0)/184.784
=-21.47

* 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.


FDJ United Accounts Receivable Related Terms

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FDJ United Business Description

Address
3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100
FDJ United is engaged in Offline and online lottery games and sports betting. Its lottery games include draw games and instant games. Its lottery offers in France include prize draws such as Loto and Euromillions, as well as Illiko instant games. Also through its subsidiaries it has diversified with the roll-out of a French payment and collection service under the Nirio brand name.

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