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Skyline Champion (Skyline Champion) Accounts Receivable : $49 Mil (As of Dec. 2023)


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What is Skyline Champion Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Skyline Champion's accounts receivables for the quarter that ended in Dec. 2023 was $49 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Skyline Champion's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 7.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Skyline Champion's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $4.03.


Skyline Champion Accounts Receivable Historical Data

The historical data trend for Skyline Champion'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.

Skyline Champion Accounts Receivable Chart

Skyline Champion Annual Data
Trend May14 May15 May16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.65 45.73 57.48 90.54 67.30

Skyline Champion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.52 67.30 50.68 55.10 48.66

Skyline Champion Accounts Receivable Calculation

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


Skyline Champion 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.659/559.455*91
=7.94

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

Skyline Champion'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)
=(497.907+0.75 * 48.659+0.5 * 290.542-447.461
-0-0)/57.636
=4.03

* 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.


Skyline Champion Accounts Receivable Related Terms

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Skyline Champion (Skyline Champion) Business Description

Traded in Other Exchanges
N/A
Address
755 West Big Beaver Road, Suite 1000, Troy, MI, USA, 48084
Skyline Champion Corp is a factory-built housing company in North America. The company offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family, hospitality, senior and workforce housing sectors. It designs and builds a range of manufactured and modular homes, park model RVs, ADUs, and commercial structures. It builds homes under brand names in the factory-built housing industry including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the U.S., and Moduline and SRI Homes in western Canada. It generates maximum revenue from U.S. Factory-built Housing segment.
Executives
Keith A Anderson officer: Chief Executive Officer C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Heath Jenkins officer: President, Retail Operations 755 W BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Timothy A. Burkhardt officer: Vice President and Controller C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Tawn Kelley director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Joseph A. Kimmell officer: EVP C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Mark J. Yost officer: Executive Vice President C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Gary E Robinette director 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Nikul Patel director 11115 RUSHMORE DR, CHARLOTTE NC 28277-3442
Jonathan Wade Lyall officer: Executive Vice President C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Laurie M. Hough officer: EVP, CFO, Treasurer C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Timothy Mark Larson officer: Chief Growth Officer C/O SKYLINE CHAMPION CORPORATION, 755 W. BIG BEAVER RD., SUITE 1000, TROY MI 48084
Mak Capital One Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Erin Mulligan Nelson director C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Eddie Capel director 2300 WINDY RIDGE PARKWAY, SUITE 1000, ATLANTA GA 30339