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Atlantic Grupa DD (ZAG:ATGR) Accounts Receivable : €268 Mil (As of Jun. 2024)


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What is Atlantic Grupa DD Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atlantic Grupa DD's accounts receivables for the quarter that ended in Jun. 2024 was €268 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atlantic Grupa DD's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 88.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atlantic Grupa DD's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-17.46.


Atlantic Grupa DD Accounts Receivable Historical Data

The historical data trend for Atlantic Grupa DD'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.

Atlantic Grupa DD Accounts Receivable Chart

Atlantic Grupa DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.19 139.86 140.46 157.06 191.99

Atlantic Grupa DD Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 231.03 239.80 191.99 234.42 267.95

Atlantic Grupa DD Accounts Receivable Calculation

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


Atlantic Grupa DD 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.

Atlantic Grupa DD's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=267.947/275.913*91
=88.62

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

Atlantic Grupa DD's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(43.659+0.75 * 267.947+0.5 * 135.601-543.264
-0-1.161)/13.2882
=-17.46

* 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.


Atlantic Grupa DD Accounts Receivable Related Terms

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Atlantic Grupa DD Business Description

Traded in Other Exchanges
N/A
Address
Miramarska 23, Zagreb, HRV, 10000
Atlantic Grupa dd is a Croatia based company engaged in the production and distribution of fast moving consumer goods. The company's strategic business unit products include coffee, beverages, Savoury Spreads, Snacks, Pharmacy, and Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The company sells its products in Croatia, and internationally of which the majority of the revenue is generated from sales made in Croatia and Serbia.

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