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Levi Strauss (STU:LV2B) Accounts Receivable : €613 Mil (As of Feb. 2024)


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What is Levi Strauss Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Levi Strauss's accounts receivables for the quarter that ended in Feb. 2024 was €613 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Levi Strauss's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 38.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Levi Strauss's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was €-5.58.


Levi Strauss Accounts Receivable Historical Data

The historical data trend for Levi Strauss'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.

Levi Strauss Accounts Receivable Chart

Levi Strauss Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 708.48 457.03 619.86 683.76 695.50

Levi Strauss Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 717.97 515.84 632.91 695.50 613.30

Levi Strauss Accounts Receivable Calculation

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


Levi Strauss 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.

Levi Strauss's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=613.303/1443.895*91
=38.76

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

Levi Strauss's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(478.981+0.75 * 613.303+0.5 * 1066.421-3694.466
-0-0)/398.029
=-5.58

* 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.


Levi Strauss Accounts Receivable Related Terms

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Levi Strauss (STU:LV2B) Business Description

Address
1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.

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