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CSR (ASX:CSR) Accounts Receivable : A$242 Mil (As of Mar. 2024)


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What is CSR Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CSR's accounts receivables for the quarter that ended in Mar. 2024 was A$242 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CSR's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 35.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CSR's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was A$-0.90.


CSR Accounts Receivable Historical Data

The historical data trend for CSR'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.

CSR Accounts Receivable Chart

CSR Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.10 216.10 216.00 269.40 242.40

CSR Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 216.00 272.40 269.40 308.90 242.40

CSR Accounts Receivable Calculation

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


CSR 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.

CSR's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=242.4/1259*91
=35.14

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

CSR's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(138.1+0.75 * 242.4+0.5 * 406.7-923.8
-0-28.4)/477.384
=-0.90

* 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.


CSR Accounts Receivable Related Terms

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CSR (ASX:CSR) Business Description

Traded in Other Exchanges
Address
39 Delhi Road, Triniti 3, Level 5, North Ryde, Sydney, NSW, AUS, 2113
CSR is one of Australia's leading building materials companies; it produces plasterboard, bricks, roof tiles, insulation, glass, fibre cement, and aerated autoclaved concrete. Founded as Colonial Sugar Refining in 1855, CSR started producing building materials in 1942 and manufactures recognisee brands like gyprock plasterboard. CSR sold its sugar assets in 2010 to focus primarily on building products and property development. CSR has a 25% effective interest in the Tomago aluminum smelter.