GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tronox Pigmentos do Brasil SA (BSP:CRPG3) » Definitions » Accounts Receivable

Tronox Pigmentos do Brasil (BSP:CRPG3) Accounts Receivable : R$133.9 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tronox Pigmentos do Brasil Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tronox Pigmentos do Brasil's accounts receivables for the quarter that ended in Mar. 2024 was R$133.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tronox Pigmentos do Brasil's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 88.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tronox Pigmentos do Brasil's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R$2.68.


Tronox Pigmentos do Brasil Accounts Receivable Historical Data

The historical data trend for Tronox Pigmentos do Brasil'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.

Tronox Pigmentos do Brasil Accounts Receivable Chart

Tronox Pigmentos do Brasil 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 51.86 94.01 174.63 56.83 70.15

Tronox Pigmentos do Brasil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 133.16 162.35 146.66 70.15 133.92

Tronox Pigmentos do Brasil Accounts Receivable Calculation

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


Tronox Pigmentos do Brasil 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.

Tronox Pigmentos do Brasil's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=133.92/138.807*91
=88.04

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

Tronox Pigmentos do Brasil'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)
=(120.494+0.75 * 133.92+0.5 * 278.129-282.11
-0-0)/29.0187
=2.68

* 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.


Tronox Pigmentos do Brasil Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Tronox Pigmentos do Brasil's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Tronox Pigmentos do Brasil (BSP:CRPG3) Business Description

Traded in Other Exchanges
Address
Rodovia BA 099, Estrada do Coco, Camaçari, BA, BRA, 42829-710
Tronox Pigmentos do Brasil SA manufactures chemical products such as titanium dioxide and sulphuric acid. Its titanium dioxide (TiO2) product is used to provide color, brightness, and opacity to a range of products, including paint, plastic, paper, eraser, and other products, as well as applications, such as ceramic, glass, leather, synthetic fiber, and color formulation for artistic paints. It also produces ilmenite, zirconite, rutile, and kyanite.

Tronox Pigmentos do Brasil (BSP:CRPG3) Headlines

No Headlines