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GuruFocus has detected 6 Warning Signs with Brady Corp \$BRC.
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Change In Receivables
\$4 Mil (As of Jan. 2017)

Brady Corp's change in receivables for the quarter that ended in Jan. 2017 was \$4 Mil. It means Brady Corp's accounts receivables increased by \$4 Mil from Oct. 2016 to Jan. 2017 .

Brady Corp's change in receivables for the fiscal year that ended in Jul. 2016 was \$8 Mil. It means Brady Corp's accounts receivables increased by \$8 Mil from Jul. 2015 to Jul. 2016 .

Brady Corp's accounts receivables for the quarter that ended in Jan. 2017 was \$140 Mil.

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. Brady Corp's days sales outstanding for the three months ended in Jan. 2017 was 47.67.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Brady Corp's liquidation value for the three months ended in Jan. 2017 was \$-89 Mil.

Definition

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

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.

Brady Corp's Days Sales Outstanding for the quarter that ended in Jan. 2017 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 140.018 / 268.001 * 91 = 47.67

2. In Ben Grahams calculation of liquidation value, Brady Corp's accounts receivable are only considered to be worth 75% of book value:

Brady Corp's liquidation value for the quarter that ended in Jan. 2017 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 125.208 - 368.244 + 0.75 * 140.018 + 0.5 * 97.408 = -89

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.