Colruyt Group NV (Colruyt Group NV) Accounts Receivable : $565 Mil (As of Sep. 2023)

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What is Colruyt Group NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Colruyt Group NV's accounts receivables for the quarter that ended in Sep. 2023 was $565 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Colruyt Group NV's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 17.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Colruyt Group NV's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-3.85.

Colruyt Group NV Accounts Receivable Historical Data

The historical data trend for Colruyt Group 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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Colruyt Group NV Accounts Receivable Chart

Colruyt Group NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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603.84

582.65

646.31

663.55

572.48

Colruyt Group NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial															644.24	663.55	653.47	572.48	565.10

Colruyt Group NV Accounts Receivable Calculation

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

Colruyt Group 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.

Colruyt Group NV's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	565.101	/	5850.374	*	91
=	17.63

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

Colruyt Group NV's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(942.583	+	0.75 * 565.101	+	0.5 * 808.965	-	3713.02
-	0	-	0)	/	504.699
=	-3.85

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.

Colruyt Group NV Accounts Receivable Related Terms

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Colruyt Group NV (Colruyt Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (OTCPK:CUYTY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CUYTF:USA 0N4Y:UK EFC1:Germany COLR:Belgium

Address

Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500

Website

https://www.colruytgroup.com

Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

Colruyt Group NV (Colruyt Group NV) Headlines

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