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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Accounts Receivable : $79 Mil (As of Dec. 2023)


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What is Jeronimo Martins SGPS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jeronimo Martins SGPS's accounts receivables for the quarter that ended in Dec. 2023 was $79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jeronimo Martins SGPS's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jeronimo Martins SGPS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-29.33.


Jeronimo Martins SGPS Accounts Receivable Historical Data

The historical data trend for Jeronimo Martins SGPS'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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Jeronimo Martins SGPS Accounts Receivable Chart

Jeronimo Martins SGPS 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 71.32 52.31 58.76 69.92 78.52

Jeronimo Martins SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 69.92 58.89 72.59 71.51 78.52

Jeronimo Martins SGPS Accounts Receivable Calculation

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


Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=78.517/8895.311*91
=0.81

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

Jeronimo Martins SGPS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2260.632+0.75 * 78.517+0.5 * 1972.737-12246.456
-0-275.9)/314.217
=-29.33

* 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.


Jeronimo Martins SGPS Accounts Receivable Related Terms

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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (Jeronimo Martins SGPS) Headlines

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