Champion Industries (Champion Industries) Accounts Receivable : $9.00 Mil (As of Apr. 2016)

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What is Champion Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Champion Industries's accounts receivables for the quarter that ended in Apr. 2016 was $9.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Champion Industries's Days Sales Outstanding for the quarter that ended in Apr. 2016 was 51.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Champion Industries's Net-Net Working Capital per share for the quarter that ended in Apr. 2016 was $-221.31.

Champion Industries Accounts Receivable Historical Data

The historical data trend for Champion Industries'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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Champion Industries Accounts Receivable Chart

Champion Industries Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

Accounts Receivable

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15.49

10.23

9.61

9.51

8.65

Champion Industries Quarterly Data
	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16
Accounts Receivable	Get a 7-Day Free Trial															9.91	9.04	8.65	9.26	9.00

Champion Industries Accounts Receivable Calculation

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

Champion Industries 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.

Champion Industries's Days Sales Outstanding for the quarter that ended in Apr. 2016 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.999	/	15.875	*	91
=	51.73

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

Champion Industries's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2016 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)
=	(0.708	+	0.75 * 8.999	+	0.5 * 3.978	-	21.95
-	0	-	0)	/	0.0565
=	-221.31

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.

Champion Industries Accounts Receivable Related Terms

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Champion Industries (Champion Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Champion Industries Inc (OTCPK:CHMP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2450 First Avenue, P.O. Box 2968, Huntington, WV, USA, 25728

Website

http://www.champion-industries.com

Champion Industries Inc is a commercial printer, business form manufacturer, and supplier of office products and office furniture. The company operates principally in two industry segments organized on the basis of product lines: Printing segment and Office Products and Furniture segment. The Printing segment comprises the production, printing and sale, printed materials including brochures, pamphlets, reports, tags, continuous and other forms principally to commercial customers. The Office Product and Furniture segment are engaged in the sale of office products and office furniture including interior design services. Printing segment is the major revenue contributor to the company.

Executives

Philip E Cline	director	P O BOX 119 HUNTINGTON WV 25706-0119
Marshall T Reynolds	director, 10 percent owner, officer: Chairman/Chief Exec. Officer	2450 FIRST AVENUE, HUNTINGTON WV 25704
Toney K Adkins	officer: President and COO	ROUTE 1 BOX 622 GENOA WV 25517
Todd R Fry	officer: Sen.Vice Pres./Chief Fin. Off.	CHAMPION INDUSTRIES, P O BOX 2968, HUNTINGTON WV 25728-2968
Mooney Harley F Jr	director	1673 WOODVALE DRIVE, CHARLESTON WV 25314
Neal Scaggs	director	302 CENTRAL AVENUE, LOGAN WV 25601
Wilcox Glenn W Sr	director	ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801