GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Unilever NV (NYSE:UN) » Definitions » Accounts Receivable

Unilever NV (Unilever NV) Accounts Receivable : $7,832 Mil (As of Jun. 2020)


View and export this data going back to 1961. Start your Free Trial

What is Unilever NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Unilever NV's accounts receivables for the quarter that ended in Jun. 2020 was $7,832 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Unilever NV's Days Sales Outstanding for the quarter that ended in Jun. 2020 was 49.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Unilever NV's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-17.75.


Unilever NV Accounts Receivable Historical Data

The historical data trend for Unilever NV'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.

Unilever NV Accounts Receivable Chart

Unilever NV 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 3,177.56 3,511.60 6,176.33 4,948.81 5,462.22

Unilever NV 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 7,968.46 4,948.81 9,128.81 5,462.22 7,832.21

Unilever NV Accounts Receivable Calculation

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


Unilever NV 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7832.207/28957.207*91
=49.36

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

Unilever NV'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)
=(6628.378+0.75 * 7832.207+0.5 * 5231.982-58731.982
-0-2911.036)/2621.3
=-17.75

* 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.


Unilever NV Accounts Receivable Related Terms

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


Unilever NV (Unilever NV) Business Description

Traded in Other Exchanges
N/A
Address
Weena 455, Rotterdam, NLD, 3000
Netherlands-based Unilever NV and U.K.-based Unilever PLC operate Unilever Group, a diversified household and personal product (60% of 2018 sales by value) and packaged-food and refreshments (40%) company. The firm's brands include Knorr soups and sauces, Hellmann's mayonnaise, Lipton teas, Axe and Dove skin products, and the TRESemme hair-care brand. The firm has been acquisitive in recent years, and high-profile purchases include the mail-order men's grooming business Dollar Shave Club.

Unilever NV (Unilever NV) Headlines

From GuruFocus

Yacktman Focused Fund Adds Unilever to Portfolio

By Sydnee Gatewood Sydnee Gatewood 01-19-2017

Jeff Auxier Comments on Unilever

By Holly LaFon Holly LaFon 05-09-2017

Kraft Heinz Is Value Stock Picking With Unilever

By Holmes Osborne, CFA Holmes Osborne, CFA 02-20-2017

Jeff Auxier's Spring 2017 Market Commentary

By Holly LaFon Holly LaFon 05-09-2017

Greece Drops a Bomb on Europe

By Charles Sizemore Charles Sizemore 11-02-2011