GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gruma SAB de CV (GREY:GMKKY) » Definitions » Accounts Receivable

GrumaB de CV (GrumaB de CV) Accounts Receivable : $580 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is GrumaB de CV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GrumaB de CV's accounts receivables for the quarter that ended in Mar. 2024 was $580 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GrumaB de CV's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 32.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GrumaB de CV's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.28.


GrumaB de CV Accounts Receivable Historical Data

The historical data trend for GrumaB de CV'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.

GrumaB de CV Accounts Receivable Chart

GrumaB de CV 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 422.47 497.36 448.41 555.87 571.28

GrumaB de CV 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 586.33 587.95 581.71 571.28 579.55

GrumaB de CV Accounts Receivable Calculation

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


GrumaB de CV 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=579.547/1647.294*91
=32.10

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

GrumaB de CV'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)
=(486.918+0.75 * 579.547+0.5 * 996.92-2981.757
-0-2.846)/365.394
=-4.28

* 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.


GrumaB de CV Accounts Receivable Related Terms

Thank you for viewing the detailed overview of GrumaB de CV's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


GrumaB de CV (GrumaB de CV) Business Description

Traded in Other Exchanges
Address
Calzada del Valle, 407 Ote., Colonia Del Valle, San Pedro Garza Garcia, NL, MEX, 66220
Gruma SAB de CV is an international food production company, originally from Mexico. The product portfolio is large: corn and flour tortillas, wheat flour, naan, pita bread, flatbreads, wraps, chapatti, and pizza bases, along with other food products, such as snacks, pasta, rice, condiments, and palm hearts. The company has operations in America, Europe, Asia, and Oceania, and is present in over 100 countries across the globe. Its well-known brands are Maseca, Robin Hood, Mission, Guerrero, Tortiricas and Tosty.