Buckle (Buckle) Accounts Receivable

: $9 Mil (As of Jan. 2024)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Buckle's accounts receivables for the quarter that ended in Jan. 2024 was $9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Buckle's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 2.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Buckle's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-2.31.

Buckle Accounts Receivable Historical Data

The historical data trend for Buckle'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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Buckle Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Receivable

3.14

2.82

12.09

12.65

8.70

Buckle Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable																12.65	6.36	9.68	10.34	8.70

Buckle Accounts Receivable Calculation

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

Buckle 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.

Buckle's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.697	/	382.383	*	91
=	2.08

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

Buckle's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(290.423	+	0.75 * 8.697	+	0.5 * 126.29	-	476.59
-	0	-	0)	/	50.4452
=	-2.31

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.

Buckle Accounts Receivable Related Terms

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Buckle (Buckle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Buckle Inc (NYSE:BKE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BK2:Germany BK2:Germany

Address

2407 West 24th Street, Kearney, NE, USA, 68845-4915

Website

https://www.buckle.com

Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.

Executives

Kelli D Molczyk	officer: SVP Women's Merchandising	2407 W 24TH STREET, KEARNEY NE 68845
Brett P Milkie	officer: SVP Leasing
Dennis H Nelson	director, officer: President & CEO
Thomas B Heacock	director, officer: SVP Finance, Treasurer, & CFO	2407 W 24TH STREET, KEARNEY NE 68845
Bill L Fairfield	director	111 SOUTH CALVERT STREET, SUITE 1900, BALTIMORE MD 21202
Michelle Hoffman	officer: VP SALES	2407 W 24TH STREET, KEARNEY NE 68845
Kari G Smith	officer: VP of Sales
Shruti S Joshi	director	2407 W 24TH STREET, KEARNEY NE 68845
Diane L Applegate	officer: VP SUPPLY CHAIN & MERCH OP	2407 W 24TH STREET, KEARNEY NE 68845
John P Peetz	director	2407 W 24TH STREET, KEARNEY NE 68845
Robert M Carlberg	officer: VP MEN'S MERCHANDISING	2407 W 24TH STREET, KEARNEY NE 68845
Karen B Rhoads	director, officer: VP of Finance, Treasurer & CFO
James E Shada	director, officer: Executive VP Sales
Bruce Hoberman	director
Angie J Klein	director	2407 W 24TH STREET, KEARNEY NE 68845