GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemtura Corp (XPAR:CHMT) » Definitions » Accounts Receivable

Chemtura (XPAR:CHMT) Accounts Receivable : €201.92 Mil (As of Dec. 2016)


View and export this data going back to 2010. Start your Free Trial

What is Chemtura Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chemtura's accounts receivables for the quarter that ended in Dec. 2016 was €201.92 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chemtura's Days Sales Outstanding for the quarter that ended in Dec. 2016 was 50.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chemtura's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was €-9.86.


Chemtura Accounts Receivable Historical Data

The historical data trend for Chemtura'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.

Chemtura Accounts Receivable Chart

Chemtura Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.89 170.82 203.56 192.78 201.92

Chemtura Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 192.78 213.72 213.60 195.13 201.92

Chemtura Accounts Receivable Calculation

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


Chemtura 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.

Chemtura's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=201.924/364.98*91
=50.48

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

Chemtura's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 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)
=(208.56+0.75 * 201.924+0.5 * 293.88-1128.12
-0-0)/63
=-9.86

* 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.


Chemtura Accounts Receivable Related Terms

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


Chemtura (XPAR:CHMT) Business Description

Traded in Other Exchanges
N/A
Address
Chemtura manufactures and sells a variety of chemicals, which include lubricants and bromine. The company organizes itself into two segments based on product type. The industrial performance products segment, which generates most of Chemtura's revenue, sells synthetic lubricants and specialty greases that reduce friction for engines and machines. These products are typically sold to the automotive, aviation, marine, and refrigeration industries. The industrial engineered products segment sells a variety of bromine-based products, which include brominated flame retardants for consumer electronics, oil and gas drilling fluids, and pesticides for the agricultural industry. More revenue comes from North America than any other region.

Chemtura (XPAR:CHMT) Headlines

From GuruFocus

Here Are a Few Stocks With Fat Profit Margins

By John Dorfman John Dorfman 09-03-2015

Mario Gabelli Comments on Chemtura Corp

By Vera Yuan Vera Yuan 07-30-2014

Mason Hawkins Cuts Chemtura

By Kyle Ferguson Kyle Ferguson 10-07-2016

Mario Gabelli Comments on Chemtura Corp.

By Holly LaFon 01-29-2014

Gabelli Raises Stakes in Three Companies in First Two Weeks of New Year

By David Goodloe David Goodloe 01-20-2015

Mario Gabelli Comments on Chemtura Corp

By Holly LaFon 06-09-2014

Mario Gabelli Increases Stakes in CHMT

By Amber Harris Amber Harris 03-05-2015