GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Greenyard NV (XBRU:GREEN) » Definitions » Accounts Receivable

Greenyard NV (XBRU:GREEN) Accounts Receivable : €257 Mil (As of Sep. 2024)


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

What is Greenyard NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Greenyard NV's accounts receivables for the quarter that ended in Sep. 2024 was €257 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Greenyard NV's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 17.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Greenyard NV's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-21.67.


Greenyard NV Accounts Receivable Historical Data

The historical data trend for Greenyard 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.

Greenyard NV Accounts Receivable Chart

Greenyard NV 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 226.14 218.65 165.71 158.38 192.52

Greenyard NV 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 215.08 158.38 238.08 192.52 257.04

Greenyard NV Accounts Receivable Calculation

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


Greenyard 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=257.043/2667.837*91
=17.58

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

Greenyard NV'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)
=(103.666+0.75 * 257.043+0.5 * 490.977-1592.106
-0-17.704)/49.2764
=-21.67

* 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.


Greenyard NV Accounts Receivable Related Terms

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


Greenyard NV Business Description

Traded in Other Exchanges
Address
Strijbroek 10, Sint-Katelijne-Waver, BEL, BE-2860
Greenyard NV is a Belgium-based company that operates as a processor of field-fresh fruits and vegetables. It produces and supplies food products with a long shelf-life. The company's business is split into two segments, Fresh and Long Fresh. The Fresh segment is mainly active in supply of fresh products, fruit, and vegetables, flowers and plants, and logistics of fresh produce. There are two divisions in the Long Fresh segment, Frozen, and Prepared activities. Produce is frozen immediately after harvesting and preparation. At Prepared, it includes freshly preserved fruit, vegetables, mushrooms, and other ambient food products. The company's majority share of revenue is generated from Fresh products.

Greenyard NV Headlines

No Headlines