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PetSmart Inc (NAS:PETM)
Change In Receivables
\$0 Mil (As of Oct. 2014)

PetSmart Inc's change in receivables for the quarter that ended in Oct. 2014 was \$0 Mil. It means PetSmart Inc's accounts receivables stayed the same from Jul. 2014 to Oct. 2014 .

PetSmart Inc's change in receivables for the fiscal year that ended in Jan. 2014 was \$0 Mil. It means PetSmart Inc's accounts receivables stayed the same from Jan. 2013 to Jan. 2014 .

PetSmart Inc's accounts receivables for the quarter that ended in Oct. 2014 was \$74 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. PetSmart Inc's days sales outstanding for the three months ended in Oct. 2014 was 3.87.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. PetSmart Inc's liquidation value for the three months ended in Oct. 2014 was \$-813 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.

PetSmart Inc's Days Sales Outstanding for the quarter that ended in Oct. 2014 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 73.745 / 1739.117 * 91 = 3.87

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

PetSmart Inc's liquidation value for the quarter that ended in Oct. 2014 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 173.346 - 1470.651 + 0.75 * 73.745 + 0.5 * 857.34 = -813

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PetSmart Inc Annual Data

 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 ChangeInReceivables -10 2 -12 2 0 0 0 0 0 0

PetSmart Inc Quarterly Data

 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 ChangeInReceivables 0 0 0 0 0 0 0 0 0 0
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