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Zale Corp (NYSE:ZLC)
Change In Receivables
\$0 Mil (As of Jan. 2014)

Zale Corp's change in receivables for the quarter that ended in Jan. 2014 was \$0 Mil. It means Zale Corp's accounts receivables stayed the same from Oct. 2013 to Jan. 2014 .

Zale Corp's change in receivables for the fiscal year that ended in Jul. 2013 was \$0 Mil. It means Zale Corp's accounts receivables stayed the same from Jul. 2012 to Jul. 2013 .

Zale Corp's accounts receivables for the quarter that ended in Jan. 2014 was \$0 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. Zale Corp's days sales outstanding for the three months ended in Jan. 2014 was 0.00.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Zale Corp's liquidation value for the three months ended in Jan. 2014 was \$-633 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.

Zale Corp's Days Sales Outstanding for the quarter that ended in Jan. 2014 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 0 / 656.449 * 91 = 0.00

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

Zale Corp's liquidation value for the quarter that ended in Jan. 2014 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 23.251 - 1088.631 + 0.75 * 0 + 0.5 * 864.275 = -633

* 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.

Zale Corp Annual Data

 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 ChangeInReceivables 0 0 0 0 0 0 0 0 0 0

Zale Corp Quarterly Data

 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 ChangeInReceivables 0 0 0 0 0 0 0 0 0 0
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