Aramis Group (XPAR:ARAMI) Accounts Receivable : €51 Mil (As of Mar. 2024)

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What is Aramis Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aramis Group's accounts receivables for the quarter that ended in Mar. 2024 was €51 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aramis Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 8.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aramis Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-3.21.

Aramis Group Accounts Receivable Historical Data

The historical data trend for Aramis Group'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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Aramis Group Accounts Receivable Chart

Aramis Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Receivable

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18.81

21.92

23.73

36.13

38.97

Aramis Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial						25.98	36.13	35.41	38.97	51.43

Aramis Group Accounts Receivable Calculation

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

Aramis Group 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.

Aramis Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	51.433	/	1098.32	*	91
=	8.55

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

Aramis Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(29.937	+	0.75 * 51.433	+	0.5 * 226.924	-	447.888
-	0	-	0)	/	82.7424
=	-3.21

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.

Aramis Group Accounts Receivable Related Terms

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Aramis Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aramis Group SA (XPAR:ARAMI) » Definitions » Accounts Receivable

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Traded in Other Exchanges

0AAA:UK 6T6:Germany

Address

23 Avenue Aristide Briand, Arcueil, FRA, 94110

Website

https://www.aramis.group

Aramis Group SA is engaged in the online sales of used cars to private individuals in France, Belgium, Spain, and the United Kingdom. The principal business segments of the company are online vehicle distribution and the development of automotive services. It offers customers a wide range of automotive products and services in a seamless, intuitive, and immersive sales and purchasing experience, which can take place both fully online and fully offline through a network of customer centers. The company comprises four brands: Aramisauto, Cardoen, Clicars, and CarSupermarket, based in France, Belgium, Spain, and the United Kingdom, respectively.

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