GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LEG Immobilien SE (XTER:LEG) » Definitions » Accounts Receivable

LEG Immobilien SE (XTER:LEG) Accounts Receivable : €343 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is LEG Immobilien SE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LEG Immobilien SE's accounts receivables for the quarter that ended in Mar. 2024 was €343 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LEG Immobilien SE's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 96.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LEG Immobilien SE's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-153.17.


LEG Immobilien SE Accounts Receivable Historical Data

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Accounts Receivable Chart

LEG Immobilien SE 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 81.80 64.40 154.70 163.80 272.80

LEG Immobilien SE 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 212.00 245.60 249.00 272.80 343.20

LEG Immobilien SE Accounts Receivable Calculation

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


LEG Immobilien SE 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.

LEG Immobilien SE's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=343.2/324.8*91
=96.42

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

LEG Immobilien SE'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)
=(285.2+0.75 * 343.2+0.5 * 26.7-11882.1
-0-25)/74.1093
=-153.17

* 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.


LEG Immobilien SE Accounts Receivable Related Terms

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


LEG Immobilien SE (XTER:LEG) Business Description

Traded in Other Exchanges
Address
Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474
LEG Immobilien SE is a general real estate company. The company's portfolio consists primarily of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of innovative value-added services. LEG is primarily focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high growth markets, stable markets, and higher-yielding markets. LEG considers merger and acquisition investment as a potential component of its operational growth strategy.
Executives
Dr. Volker Wiegel Board of Directors
Dr. Kathrin Köhling Board of Directors
Michael Zimmer Supervisory Board
Lars Von Lackum Board of Directors
Susanne Schröter-crossan Board of Directors
Martin Wiesmann Supervisory Board

LEG Immobilien SE (XTER:LEG) Headlines

From GuruFocus

LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.44

By PRNewswire PRNewswire 08-09-2022

Leggett & Platt Announces 1Q 2023 Earnings Call

By sperokesalga sperokesalga 04-18-2023

STATE STREET CORP Reduces Stake in Leggett & Platt Inc

By GuruFocus Research 08-10-2023

Leggett & Platt Announces 4Q 2022 Earnings Call

By Stock market mentor Stock market mentor 01-24-2023