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Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Accounts Receivable : $77.3 Mil (As of Mar. 2023)


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What is Grupo Aeroportuario del Centro NorteB de CV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Grupo Aeroportuario del Centro NorteB de CV's accounts receivables for the quarter that ended in Mar. 2023 was $77.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Grupo Aeroportuario del Centro NorteB de CV's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 39.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Grupo Aeroportuario del Centro NorteB de CV's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-13.17.


Grupo Aeroportuario del Centro NorteB de CV Accounts Receivable Historical Data

The historical data trend for Grupo Aeroportuario del Centro NorteB de CV'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.

Grupo Aeroportuario del Centro NorteB de CV Accounts Receivable Chart

Grupo Aeroportuario del Centro NorteB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.48 40.18 41.91 52.92 64.94

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 52.92 58.78 77.61 64.94 77.29

Grupo Aeroportuario del Centro NorteB de CV Accounts Receivable Calculation

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


Grupo Aeroportuario del Centro NorteB de CV 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.

Grupo Aeroportuario del Centro NorteB de CV's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=77.288/178.622*91
=39.48

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Grupo Aeroportuario del Centro NorteB de CV's accounts receivable are only considered to be worth 75% of book value:

Grupo Aeroportuario del Centro NorteB de CV's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(157.071+0.75 * 77.288+0.5 * 0-840.594
-0-10.323)/48.2712
=-13.17

* 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.


Grupo Aeroportuario del Centro NorteB de CV Accounts Receivable Related Terms

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Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Business Description

Address
Avenue Patriotismo 201, Plaza Metropoli Patriotismo, 5th Floor, Col. San Pedro de los Pinos, Benito Juarez, MEX, MEX, 03800
Grupo Aeroportuario del Centro Norte operates airports in the central region of Mexico. The largest airport is in Monterrey, which serves nearly half of the company's total passengers. In addition, the company manages two hotels and one industrial park.

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