GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Koninklijke Vopak NV (XAMS:VPK) » Definitions » Accounts Receivable

Koninklijke Vopak NV (XAMS:VPK) Accounts Receivable : €123 Mil (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Koninklijke Vopak NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Koninklijke Vopak NV's accounts receivables for the quarter that ended in Dec. 2023 was €123 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Koninklijke Vopak NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 31.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Koninklijke Vopak NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-25.11.


Koninklijke Vopak NV Accounts Receivable Historical Data

The historical data trend for Koninklijke Vopak NV'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.

Koninklijke Vopak NV Accounts Receivable Chart

Koninklijke Vopak NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.70 101.50 106.20 128.20 122.80

Koninklijke Vopak NV 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 106.20 366.10 128.20 282.40 122.80

Koninklijke Vopak NV Accounts Receivable Calculation

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


Koninklijke Vopak NV 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.

Koninklijke Vopak NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=122.8/704.8*91
=31.80

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

Koninklijke Vopak NV'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)
=(197+0.75 * 122.8+0.5 * 0-3277.9
-0-153.2)/125.147
=-25.11

* 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.


Koninklijke Vopak NV Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Koninklijke Vopak NV's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Koninklijke Vopak NV (XAMS:VPK) Business Description

Traded in Other Exchanges
Address
Westerlaan 10, Rotterdam, NLD, 3016 CK
Koninklijke Vopak NV is a tank storage provider for the oil and chemical industry. The company provides storage facilities and handling services for bulk liquid products and gases, including oil, chemicals, gases, liquefied natural gas, and biofuels. The company organizes itself into five segments, which are principally based on geography: Europe & Africa, Asia & Middle East, China & North Asia, and Americas and LNG. The Netherlands contributes the largest portion of revenue, followed by Asia (principally Singapore), the Americas (principally the United States), and Europe, the Middle East, and Africa.

Koninklijke Vopak NV (XAMS:VPK) Headlines

No Headlines