Amcon Distributing Co (Amcon Distributing Co) Accounts Receivable

: $67 Mil (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Amcon Distributing Co's accounts receivables for the quarter that ended in Mar. 2024 was $67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Amcon Distributing Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 10.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Amcon Distributing Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-191.50.

Amcon Distributing Co Accounts Receivable Historical Data

The historical data trend for Amcon Distributing Co'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.

Amcon Distributing Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Receivable

24.67

34.28

35.84

62.37

70.88

Amcon Distributing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable																65.89	78.64	70.88	68.82	66.88

Amcon Distributing Co Accounts Receivable Calculation

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

Amcon Distributing Co 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.

Amcon Distributing Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	66.881	/	601.877	*	91
=	10.14

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

Amcon Distributing Co'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)
=	(0.952	+	0.75 * 66.881	+	0.5 * 121.324	-	228.205
-	0	-	0)	/	0.608
=	-191.50

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.

Amcon Distributing Co Accounts Receivable Related Terms

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

Amcon Distributing Co (Amcon Distributing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Amcon Distributing Co (AMEX:DIT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7405 Irvington Road, Omaha, NE, USA, 68122

Website

https://www.amcon.com

Amcon Distributing Co is engaged in the wholesale and retail distribution of consumer products such as cigarettes, tobacco, confectionery, health food, and others. It operates in two segments: Wholesale distribution segment distributing consumer products to the retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops in the Central, Rocky Mountain, and Southern regions of the United States; and the Retail health food segment is a specialty retailer of natural/organic groceries and dietary supplements throughout the Midwest and Florida. The company earns a majority of the revenue from the Wholesale distribution segment.

Executives

Kathleen M Evans	director, officer: President	15701 NORTH 47TH ST, OMAHA NE 68152
Charles J. Schmaderer	officer: VP,Controller,Secretary	7405 IRVINGTON ROAD, OMAHA NE 68122
Jeremy W Hobbs	director	444 NORTH MICHIGAN AVE, STE 2050, CHICAGO IL 60611
John R Loyack	director	ALVARADO SQUARE MS 2818, ALBUQUERQUE NM 87158
William F Wright	director, 10 percent owner, officer: Chairman	1431 STRATFORD CT, DEL MAR CA 92014
Timothy R Pestotnik	director	600 W BROADWAY, STE 2600, SAN DIEGO CA 92101
Stanley Mayer	director
Christopher H Atayan	director, officer: CEO and Vice Chairman	C/O SLUSSER ASSOCIATES, INC., 153 EAST 53RD STREET, NEW YORK NY 10022
Andrew Charles Plummer	officer: Chief Financial Officer	18325 JEFFERSON ST, OMAHA NE 68135
Eric J Hinkefent	officer: President of CNF and HFA	ROUTE 5, BOX 445, COWETA OK 74429
Raymond F Bentele	director	C/O MALLINCKRODT GROUP INC, 7733 FORSYTH BLVD, ST LOUIS MO 63105
Philip E Campbell	officer: SVP - Planning and Compliance	1302 ELMSHADE COVE, ROUND ROCK TX 78664
Draupnir Llc	10 percent owner	500 N DEARBORN, 2ND FL, CHICAGO IL 60610
Allen D Petersen	director, 10 percent owner	122 WEST COUNTY LINE ROAD, BARRINGTON HILLS IL 60010
Dawson Foundation Alexander	10 percent owner	4045 SOUTH SPENCER STREEET, SUITE 312, LAS VEGAS NV 89119