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G4S (GFSZY) Accounts Receivable : $1,753 Mil (As of Jun. 2020)


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What is G4S Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. G4S's accounts receivables for the quarter that ended in Jun. 2020 was $1,753 Mil.

Accounts receivable can be measured by Days Sales Outstanding. G4S's Days Sales Outstanding for the quarter that ended in Jun. 2020 was 72.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. G4S's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-10.17.


G4S Accounts Receivable Historical Data

The historical data trend for G4S'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.

G4S Accounts Receivable Chart

G4S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,383.23 1,263.42 1,903.49 1,296.20 1,205.77

G4S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 1,904.26 1,296.20 1,893.54 1,205.77 1,753.44

G4S Accounts Receivable Calculation

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


G4S 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.

G4S's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1753.442/4411.765*91
=72.53

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), G4S's accounts receivable are only considered to be worth 75% of book value:

G4S's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 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)
=(1690.864+0.75 * 1753.442+0.5 * 141.427-6219.024
-0-12.516)/310.319
=-10.17

* 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.


G4S Accounts Receivable Related Terms

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G4S (GFSZY) Business Description

Traded in Other Exchanges
N/A
Address
105 Victoria Street, 5th Floor, Southside, London, GBR, SW1E 6QT
G4S is a multinational security services company and constituent of the FTSE 250 Index. The company was formed through a series of large mergers, most notably in 2004 when British Securicor and Danish Group 4 Falck merged. G4S is now the world's largest security company and has operations in around 90 countries. With over 550,000 employees, it is also the world's third- largest private employer. The company offers a range of services from the supply of security personnel and response units to risk consulting and prison management.

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