GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (STU:7PV) » Definitions » Accounts Receivable

Birkenstock Holding (STU:7PV) Accounts Receivable : €200 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Birkenstock Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Birkenstock Holding's accounts receivables for the quarter that ended in Mar. 2024 was €200 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Birkenstock Holding's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Birkenstock Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-8.74.


Birkenstock Holding Accounts Receivable Historical Data

The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Accounts Receivable Chart

Birkenstock Holding Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Accounts Receivable
59.15 56.43 64.60 91.69

Birkenstock Holding Quarterly Data
Sep20 Sep21 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 171.56 153.72 91.69 79.50 200.21

Birkenstock Holding Accounts Receivable Calculation

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


Birkenstock Holding 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.

Birkenstock Holding's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=200.206/481.244*91
=37.96

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

Birkenstock Holding'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)
=(175.728+0.75 * 200.206+0.5 * 650.963-2293.691
-0-0)/187.826
=-8.74

* 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.


Birkenstock Holding Accounts Receivable Related Terms

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


Birkenstock Holding (STU:7PV) Business Description

Traded in Other Exchanges
Address
1-2 Berkeley Square, London, GBR, W1J 6EA
Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (STU:7PV) Headlines

No Headlines