Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marriott Vacations Worldwide's accounts receivables for the quarter that ended in Dec. 2023 was $259 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Marriott Vacations Worldwide's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.79.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Marriott Vacations Worldwide's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-185.13.
Marriott Vacations Worldwide Accounts Receivable Historical Data
The historical data trend for Marriott Vacations Worldwide'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.
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.
Marriott Vacations Worldwide's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Marriott Vacations Worldwide's accounts receivable are only considered to be worth 75% of book value:
Marriott Vacations Worldwide's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Marriott Vacations Worldwide Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Marriott Vacations Worldwide's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Marriott Vacations Worldwide (Marriott Vacations Worldwide) Business Description
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's major revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VAC has been successfully added to your 