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Eagle Cement (PHS:EAGLE) Accounts Receivable : ₱668 Mil (As of Sep. 2022)


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What is Eagle Cement Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eagle Cement's accounts receivables for the quarter that ended in Sep. 2022 was ₱668 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eagle Cement's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 9.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eagle Cement's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was ₱0.55.


Eagle Cement Accounts Receivable Historical Data

The historical data trend for Eagle Cement'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.

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Eagle Cement Accounts Receivable Chart

Eagle Cement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial 491.91 388.88 428.60 383.00 412.38

Eagle Cement Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 214.42 412.38 424.91 489.37 667.64

Eagle Cement Accounts Receivable Calculation

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


Eagle Cement 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.

Eagle Cement's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=667.638/6399.244*91
=9.52

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

Eagle Cement's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(14622.032+0.75 * 667.638+0.5 * 2032.314-10289.598
-3000-75.148)/5000
=0.55

* 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.


Eagle Cement Accounts Receivable Related Terms

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Eagle Cement (PHS:EAGLE) Business Description

Traded in Other Exchanges
N/A
Address
155 EDSA, Barangay Wack-Wack, 2nd Floor, SMITS Corporate Center, Mandaluyong, PHL, 1554
Eagle Cement Corp is engaged in the business of manufacturing, marketing, sale, and distribution of cement, cement products and by?products. The company offers Portland and bulk cement to both distributors and top Philippine real estate developers under the Eagle Cement brand. Geographically the group operates its activities through the Philippines which is also the revenue generation region for the company.

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