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STRABAG SE (WBO:STR) Accounts Receivable : €1,679 Mil (As of Jun. 2023)


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What is STRABAG SE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. STRABAG SE's accounts receivables for the quarter that ended in Jun. 2023 was €1,679 Mil.

Accounts receivable can be measured by Days Sales Outstanding. STRABAG SE's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 39.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. STRABAG SE's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-42.49.


STRABAG SE Accounts Receivable Historical Data

The historical data trend for STRABAG SE'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.

STRABAG SE Accounts Receivable Chart

STRABAG SE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,735.94 1,267.12 1,116.17 1,132.81 1,314.94

STRABAG SE Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1,396.82 1,132.81 1,546.31 1,314.94 1,679.04

STRABAG SE Accounts Receivable Calculation

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


STRABAG SE 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.

STRABAG SE's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1679.043/7684.366*91
=39.88

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

STRABAG SE's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(2525.882+0.75 * 1679.043+0.5 * 1207.268-8723.132
-0-24.886)/102.6
=-42.49

* 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.


STRABAG SE Accounts Receivable Related Terms

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STRABAG SE (WBO:STR) Business Description

Traded in Other Exchanges
Address
Triglavstrabe 9, Villach, AUT, 9500
STRABAG SE is a technology group for construction services. Its services contribute to multiple stages of the construction process, from planning to execution and demolition. The company coordinates people, materials, and machinery to complete construction projects in an efficient manner. Strabag has four operating segments: North and west; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. Some projects are granted through concessions from regional governments. The company generates revenue in Europe, with Germany and Austria being important regions for the company.

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