Lotus Bakeries NV (XBRU:LOTB) Accounts Receivable : €141 Mil (As of Dec. 2023)

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What is Lotus Bakeries NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lotus Bakeries NV's accounts receivables for the quarter that ended in Dec. 2023 was €141 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lotus Bakeries NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lotus Bakeries NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-383.78.

Lotus Bakeries NV Accounts Receivable Historical Data

The historical data trend for Lotus Bakeries 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.

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Lotus Bakeries NV Accounts Receivable Chart

Lotus Bakeries NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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79.07

82.86

94.55

110.76

141.47

Lotus Bakeries 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															94.55	103.52	110.76	147.59	141.47

Lotus Bakeries NV Accounts Receivable Calculation

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

Lotus Bakeries 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.

Lotus Bakeries 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
=	141.468	/	561.837	*	91
=	45.95

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

Lotus Bakeries 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)
=	(131.231	+	0.75 * 141.468	+	0.5 * 76.906	-	587.296
-	0	-	0)	/	0.8117
=	-383.78

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.

Lotus Bakeries NV Accounts Receivable Related Terms

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Lotus Bakeries NV (XBRU:LOTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lotus Bakeries NV (XBRU:LOTB) » Definitions » Accounts Receivable

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Traded in Other Exchanges

LOTBb:UK

Address

Gentstraat 1, Lembeke, BEL, B-9971

Website

https://www.lotusbakeries.com

Lotus Bakeries NV produces and sells snacks under a range of brands. Under the Peijnenburg and Snelle Jelle brands, the company supplies gingerbread in Netherlands. With the Nakd, Trek, Bear, and Urban Fruit brands, the company offers snacks made from natural ingredients and no added sugar. Lotus Bakeries operates in Belgium, with production facilities in Belgium, the Netherlands, France, and Sweden, and a number of sales units in Europe, the U.S., and Asia. The company's product portfolio is divided into six product lines: the caramelized biscuits line, the waffles and galettes line, the cake specialties line, the gingerbread line, the pepparkakor biscuits line, and the Dinosaurs biscuits line. Lotus Bakeries distributes its products through retail, catering, and food services.

Lotus Bakeries NV (XBRU:LOTB) Headlines

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