GURUFOCUS.COM » STOCK LIST » Technology » Software » Euronet Worldwide Inc (STU:EEF) » Definitions » Accounts Receivable

Euronet Worldwide (STU:EEF) Accounts Receivable : €375 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Euronet Worldwide Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Euronet Worldwide's accounts receivables for the quarter that ended in Mar. 2024 was €375 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Euronet Worldwide's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 43.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Euronet Worldwide's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-46.30.


Euronet Worldwide Accounts Receivable Historical Data

The historical data trend for Euronet Worldwide'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.

Euronet Worldwide Accounts Receivable Chart

Euronet Worldwide 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 181.74 96.60 179.66 255.64 339.84

Euronet Worldwide 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 191.10 223.92 281.66 339.84 374.99

Euronet Worldwide Accounts Receivable Calculation

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


Euronet Worldwide 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=374.992/788.44*91
=43.40

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

Euronet Worldwide'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)
=(1689.028+0.75 * 374.992+0.5 * 0-4094
-0--0.184)/45.8688
=-46.30

* 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.


Euronet Worldwide Accounts Receivable Related Terms

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


Euronet Worldwide (STU:EEF) Business Description

Traded in Other Exchanges
Address
11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211
Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. Euronet Worldwide also offers global money transfers, payment services and software, banking services, credit and debit card outsourcing services, and card issuing and merchant acquiring services. The largest segment by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. The largest country by revenue is the United States of America.

Euronet Worldwide (STU:EEF) Headlines

No Headlines