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Astral Foods (STU:A9U) Accounts Receivable : €88 Mil (As of Sep. 2024)


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What is Astral Foods Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Astral Foods's accounts receivables for the quarter that ended in Sep. 2024 was €88 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Astral Foods's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 31.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Astral Foods's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-1.16.


Astral Foods Accounts Receivable Historical Data

The historical data trend for Astral Foods'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.

Astral Foods Accounts Receivable Chart

Astral Foods Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.11 83.77 87.46 73.52 88.12

Astral Foods Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 87.46 93.15 73.52 98.26 88.12

Astral Foods Accounts Receivable Calculation

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


Astral Foods 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.

Astral Foods's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=88.115/518.118*91
=31.04

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

Astral Foods's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(37.853+0.75 * 88.115+0.5 * 147.724-222.522
-0-0)/38.437
=-1.16

* 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.


Astral Foods Accounts Receivable Related Terms

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Astral Foods Business Description

Traded in Other Exchanges
Address
13 Thunderbolt Lane, Lanseria Corporate Estate, Lanseria Ext 26, Lanseria, GT, ZAF, 1748
Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.

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