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CNP Assurances (CNP Assurances) Accounts Receivable : $2,984 Mil (As of Dec. 2021)


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What is CNP Assurances Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CNP Assurances's accounts receivables for the quarter that ended in Dec. 2021 was $2,984 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CNP Assurances's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 24.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CNP Assurances's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-108.41.


CNP Assurances Accounts Receivable Historical Data

The historical data trend for CNP Assurances'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.

CNP Assurances Accounts Receivable Chart

CNP Assurances Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,156.33 1,344.60 1,256.11 3,192.82 2,983.84

CNP Assurances Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 1,256.11 2,697.64 3,192.82 1,788.92 2,983.84

CNP Assurances Accounts Receivable Calculation

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


CNP Assurances 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.

CNP Assurances's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2983.842/21825.537*91
=24.95

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

CNP Assurances's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(370861.469+0.75 * 2983.842+0.5 * 0-517784.746
-0-4100.226)/1372.49
=-108.41

* 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.


CNP Assurances Accounts Receivable Related Terms

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CNP Assurances (CNP Assurances) Business Description

Traded in Other Exchanges
N/A
Address
4, place Raoul-Dautry, Paris, FRA, 75015
CNP Assurances is France's largest personal lines life insurer, holding significant distribution relationships with its four main partners.

CNP Assurances (CNP Assurances) Headlines

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