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Ag Growth International (TSX:AFN) Accounts Receivable : C$284 Mil (As of Dec. 2024)


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What is Ag Growth International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ag Growth International's accounts receivables for the quarter that ended in Dec. 2024 was C$284 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ag Growth International's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 67.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ag Growth International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-51.99.


Ag Growth International Accounts Receivable Historical Data

The historical data trend for Ag Growth International'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.

Ag Growth International Accounts Receivable Chart

Ag Growth International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 176.32 206.27 220.86 265.60 283.95

Ag Growth International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 265.60 262.79 260.16 274.19 283.95

Ag Growth International Accounts Receivable Calculation

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


Ag Growth International 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.

Ag Growth International's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=283.951/381.157*91
=67.98

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

Ag Growth International'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)
=(79.893+0.75 * 283.951+0.5 * 187.509-1368.192
-0-0)/18.881
=-51.99

* 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.


Ag Growth International Accounts Receivable Related Terms

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Ag Growth International Business Description

Traded in Other Exchanges
Address
198 Commerce Drive, Winnipeg, MB, CAN, R3P 0Z6
Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. It has two reportable segments farm and commercial. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, and nuvision. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, the United Kingdom, and India. Its geographical segments are Canada, the United States, and the International.
Executives
Anne De Greef-safft Director
Rohit Bhardwaj Director
Janet Giesselman Director
Paul David Householder Senior Officer
William Allen Lambert Director
David White Director
Timothy Jackson Close Senior Officer
Steven Robert Sommerfeld Senior Officer
Paul Brisebois Senior Officer
Gary Keith Anderson Director
William Stephen Maslechko Director
David Postill Senior Officer
Gurcan Kocdag Senior Officer

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