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Zardoya Otis (XMAD:ZOT) Accounts Receivable : €140.7 Mil (As of Nov. 2021)


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What is Zardoya Otis Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zardoya Otis's accounts receivables for the quarter that ended in Nov. 2021 was €140.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zardoya Otis's Days Sales Outstanding for the quarter that ended in Nov. 2021 was 63.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zardoya Otis's Net-Net Working Capital per share for the quarter that ended in Nov. 2021 was €-0.23.


Zardoya Otis Accounts Receivable Historical Data

The historical data trend for Zardoya Otis'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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Zardoya Otis Accounts Receivable Chart

Zardoya Otis Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.07 109.67 117.58 144.00 140.70

Zardoya Otis Quarterly Data
Nov15 May16 Nov16 May17 Nov17 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 144.00 - 187.56 - 140.70

Zardoya Otis Accounts Receivable Calculation

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


Zardoya Otis 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.

Zardoya Otis's Days Sales Outstanding for the quarter that ended in Nov. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=140.697/202.683*91
=63.34

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

Zardoya Otis's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2021 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)
=(67.372+0.75 * 140.697+0.5 * 29.598-295.005
-0-2.792)/469.931
=-0.23

* 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.


Zardoya Otis Accounts Receivable Related Terms

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Zardoya Otis (XMAD:ZOT) Business Description

Traded in Other Exchanges
N/A
Address
C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033
Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

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