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Vodafone Group (Vodafone Group) Accounts Receivable : $12,229 Mil (As of Sep. 2023)


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What is Vodafone Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vodafone Group's accounts receivables for the quarter that ended in Sep. 2023 was $12,229 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vodafone Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 95.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vodafone Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-2.58.


Vodafone Group Accounts Receivable Historical Data

The historical data trend for Vodafone Group'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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Vodafone Group Accounts Receivable Chart

Vodafone Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,311.86 4,866.30 4,870.24 4,517.62 4,114.56

Vodafone Group 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 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 13,329.41 4,517.62 11,392.08 4,114.56 12,229.46

Vodafone Group Accounts Receivable Calculation

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


Vodafone Group 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12229.456/23411.953*91
=95.33

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

Vodafone Group'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)
=(13943.436+0.75 * 12229.456+0.5 * 1076.841-92352.188
-0-1184.632)/27077.1
=-2.58

* 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.


Vodafone Group Accounts Receivable Related Terms

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Vodafone Group (Vodafone Group) Business Description

Address
Vodafone House, The Connection, Newbury, Berkshire, GBR, RG14 2FN
Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the U.K. and Italy, it acts as a mobile operator, while in Spain it offers converged services after the acquisition of cable operator Ono in 2014. Vodafone also has operations in several Central European and African countries, which combined represent around one third of revenue.