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Brinker International (Brinker International) Accounts Receivable

: $79 Mil (As of Dec. 2023)
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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brinker International's accounts receivables for the quarter that ended in Dec. 2023 was $79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brinker International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 6.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brinker International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-56.40.


Brinker International Accounts Receivable Historical Data

The historical data trend for Brinker International'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.

Brinker International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.00 52.30 65.20 66.40 60.90

Brinker International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 Premium Member Only Premium Member Only Premium Member Only 92.00 72.60 60.90 49.20 79.40

Brinker International Accounts Receivable Calculation

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


Brinker International 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.

Brinker International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=79.4/1074.1*91
=6.75

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

Brinker International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(22.7+0.75 * 79.4+0.5 * 89.4-2620.2
-0-0)/44.2031
=-56.40

* 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.


Brinker International Accounts Receivable Related Terms

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Brinker International (Brinker International) Business Description

Traded in Other Exchanges
Address
3000 Olympus Boulevard, Dallas, TX, USA, 75019
Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.
Executives
Joseph G Taylor officer: VP, Corp. Affairs & Inv. Rel. 6820 LBJ FREEWAY, DALLAS TX 75240
Douglas N. Comings officer: SVP & COO, Chili's Grill & Bar 3000 OLYMPUS DR., DALLAS TX 75019
James M Butler officer: SVP Chief Supply Chain Officer 3000 OLYMPUS BLVD., DALLAS TX 75019
Wade Allen officer: SVP & Chief Digital Officer 6820 LBJ FREEWAY, DALLAS X1 75240
Steve Provost officer: Pres., Maggiano's Little Italy 4024 COLGATE, UNIVERSITY PARK TX 75225
Rick Badgley officer: SVP & Chief People Officer 6820 LBJ FREEWAY, DALLAS TX 75240
George S Felix officer: SVP, Chief Marketing Officer 3000 OLYMPUS BLVD., DALLAS TX 75019
Kevin Hochman director, officer: Pres. & CEO & Pres. of Chili's 3000 OLYMPUS BLVD., DALLAS TX 75019
Prashant Ranade director 507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Wyman Roberts officer: SVP, Maggiano's President 3853 WATERCREST DRIVE, LONGWOOD FL 32779
Ramona Hood director 3000 OLYMPUS BLVD., DALLAS TX 75019
Daniel S Fuller officer: SVP, General Counsel & Sec. 120 HOLLYWOOD DR., COPPELL TX 75019
Harriet Edelman director
Charles A Lousignont officer: SVP Supply Chain Mgmt 6820 LBJ FREEWAY, DALLAS TX 75240
Joseph Michael Depinto director C/O OFFICEMAX INCORPORATED, NAPERVILLE IL 60563