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CNH Industrial NV (CHIX:1CNHIM) Accounts Receivable : €22,166 Mil (As of Dec. 2024)


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What is CNH Industrial NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CNH Industrial NV's accounts receivables for the quarter that ended in Dec. 2024 was €22,166 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CNH Industrial NV's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 434.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CNH Industrial NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-9.41.


CNH Industrial NV Accounts Receivable Historical Data

The historical data trend for CNH Industrial 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.

CNH Industrial NV Accounts Receivable Chart

CNH Industrial NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,587.59 13,777.68 18,343.81 22,358.29 22,165.55

CNH Industrial NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22,358.29 22,333.00 22,401.91 21,870.87 22,165.55

CNH Industrial NV Accounts Receivable Calculation

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


CNH Industrial 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.

CNH Industrial NV's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=22165.55/4656.58*91
=434.35

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

CNH Industrial NV's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(3047.405+0.75 * 22165.55+0.5 * 4561.08-33582.575
-0-111.735)/1248.024
=-9.41

* 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.


CNH Industrial NV Accounts Receivable Related Terms

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CNH Industrial NV Business Description

Traded in Other Exchanges
Address
Cranes Farm Road, Basildon, Essex, London, GBR, SS14 3AD
CNH Industrial is the world's second largest manufacturer of agricultural machinery (82% of industrial net sales) as well as a major player in construction equipment (18% of industrial net sales). Its Case and New Holland brands have served farmers for generations. Geographically, agriculture sales are 40% North America, 32% Europe, Middle East, and Africa, 18% South America, and 10% Asia-Pacific. CNH's products are available through a robust independent dealer network, which includes over 2,600 dealer and distribution locations and reach into 164 countries. The construction business leverages over 400 dealers. The company's captive finance arm provides retail financing to its customers as well as wholesale financing for dealers to maintain inventory, which supports sales.

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