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Woolworths Holdings (Woolworths Holdings) Accounts Receivable : $107 Mil (As of Dec. 2023)


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What is Woolworths Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Woolworths Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $107 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Woolworths Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 9.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Woolworths Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.21.


Woolworths Holdings Accounts Receivable Historical Data

The historical data trend for Woolworths Holdings'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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Woolworths Holdings Accounts Receivable Chart

Woolworths Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.22 126.06 91.78 107.69 87.92

Woolworths Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 120.25 107.69 127.20 87.92 107.12

Woolworths Holdings Accounts Receivable Calculation

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


Woolworths Holdings 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.

Woolworths Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=107.123/2014.512*91
=9.70

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

Woolworths Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(155.962+0.75 * 107.123+0.5 * 408.044-1519.471
-0-1.503)/896.6
=-1.21

* 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.


Woolworths Holdings Accounts Receivable Related Terms

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Woolworths Holdings (Woolworths Holdings) Business Description

Traded in Other Exchanges
Address
93 Longmarket Street, Woolworths House, Cape Town, WC, ZAF, 8001
Woolworths Holdings Ltd is a South Africa-based retail group. Forty percent of revenue (including concession sales) is generated in Australasia. The group has three main operating divisions: Woolworths South Africa, based in South Africa and operating across 11 countries in sub-Saharan Africa, and David Jones and Country Road Group, both based in Australia. Woolworths Financial Services is a joint venture between Woolworths and Barclays Africa Group; Barclays is supervising the credit policy, risk, and funding aspects, while Woolworths is leading the customer integration.

Woolworths Holdings (Woolworths Holdings) Headlines

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