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Volex (VLXGF) Accounts Receivable : $205 Mil (As of Sep. 2024)


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What is Volex Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Volex's accounts receivables for the quarter that ended in Sep. 2024 was $205 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Volex's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 72.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Volex's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.64.


Volex Accounts Receivable Historical Data

The historical data trend for Volex'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.

Volex Accounts Receivable Chart

Volex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.38 100.30 119.00 136.20 187.60

Volex 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 142.20 136.20 183.50 187.60 205.00

Volex Accounts Receivable Calculation

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


Volex 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=205/518.2*91
=72.20

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

Volex'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)
=(18.4+0.75 * 205+0.5 * 209.4-565
-0-8.8)/180.938
=-1.64

* 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.


Volex Accounts Receivable Related Terms

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Volex Business Description

Traded in Other Exchanges
Address
Unit C1 Antura, Bond Close, Basingstoke, Hampshire, GBR, RG24 8PZ
Volex PLC is a manufacturer and supplier of power and data cables. The company's product offerings include power cords, plugs, connectors, consumer cable harnesses, and data center power cables among others. It is also engaged in providing electric vehicle charging solutions, and integrated manufacturing services serving various industries such as consumer electronics, medical equipment, data centers, telecommunications, industrial robotics, and the automotive industry. The company's geographical segments are North America which generates maximum revenue, Asia, and Europe.

Volex Headlines

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