Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vera Bradley's accounts receivables for the quarter that ended in Jan. 2024 was $17.1 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Vera Bradley's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 11.72.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vera Bradley's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $0.92.
Vera Bradley Accounts Receivable Historical Data
The historical data trend for Vera Bradley'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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Vera Bradley 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.
Vera Bradley's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Vera Bradley's accounts receivable are only considered to be worth 75% of book value:
Vera Bradley's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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.
Vera Bradley Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Vera Bradley's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Vera Bradley Inc designs women's handbags, travel items, and accessories. Each category comprises a substantial component of total sales, with the bags category comprising the Most. Most of the company's sales are made directly to customers through Vera Bradley's retail stores and e-commerce sites. The company also has a substantial wholesale business selling to specialty retail and department stores. Almost all company sales are in the United States. Vera Bradley uses third-party manufacturers in Asia to produce its product, and the company distributes the product through its distribution center in Indiana.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VRA has been successfully added to your 