UPMKF (UPM-Kymmene Oyj) Accounts Receivable : $2,082 Mil (As of Sep. 2024)

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What is UPM-Kymmene Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. UPM-Kymmene Oyj's accounts receivables for the quarter that ended in Sep. 2024 was $2,082 Mil.

Accounts receivable can be measured by Days Sales Outstanding. UPM-Kymmene Oyj's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 67.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. UPM-Kymmene Oyj's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-9.78.

UPM-Kymmene Oyj Accounts Receivable Historical Data

The historical data trend for UPM-Kymmene Oyj'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.

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UPM-Kymmene Oyj Accounts Receivable Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1,357.78

1,335.77

1,491.53

1,710.81

1,367.50

UPM-Kymmene Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial															1,980.79	1,367.50	2,114.13	2,158.24	2,082.13

UPM-Kymmene Oyj Accounts Receivable Calculation

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

UPM-Kymmene Oyj 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.

UPM-Kymmene Oyj's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2082.131	/	2798.002	*	91
=	67.90

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

UPM-Kymmene Oyj'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)
=	(1095.45	+	0.75 * 2082.131	+	0.5 * 2466.149	-	8697.003
-	0	-	410.655)	/	533.324
=	-9.78

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.

UPM-Kymmene Oyj Accounts Receivable Related Terms

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UPM-Kymmene Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OTCPK:UPMKF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMh:UK 0NV5:UK UPM:Finland RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.