SharkNinja (SharkNinja) Accounts Receivable : $985 Mil (As of Dec. 2023)

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What is SharkNinja Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SharkNinja's accounts receivables for the quarter that ended in Dec. 2023 was $985 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SharkNinja's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 65.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SharkNinja's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-5.50.

SharkNinja Accounts Receivable Historical Data

The historical data trend for SharkNinja'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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SharkNinja Accounts Receivable Chart

SharkNinja Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

841.55

766.50

985.17

SharkNinja Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial					766.50	780.56	922.29	938.08	985.17

SharkNinja Accounts Receivable Calculation

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

SharkNinja 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	985.172	/	1377.499	*	91
=	65.26

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

SharkNinja'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)
=	(154.061	+	0.75 * 985.172	+	0.5 * 699.74	-	2008.177
-	0	-	0)	/	139.083
=	-5.50

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.

SharkNinja Accounts Receivable Related Terms

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SharkNinja (SharkNinja) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » SharkNinja Inc (NYSE:SN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

238 Des Voeux Road Central, 21st floor, Sheung Wan, Hong Kong, HKG

Website

SharkNinja Inc is a global product design and technology company that creates 5-star-rated lifestyle solutions through innovative products for consumers around the world. Its product categories include Cleaning, Cooking, Food Preparation, Home Environment and Beauty products. It sells vacuum cleaners, cooking pots, fryers, hair dryers, etc. The SharkNinja Group is expected to carry on the design, production, marketing and distribution of the Shark and Ninja brands of small household appliances in North America, Europe and other selected international markets (excluding the Asia Pacific Region and Greater China). Currently, the majority of the revenue is derived from the US market.