GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Iconix Brand Group Inc (FRA:IKIA) » Definitions » Accounts Receivable

Iconix Brand Group (FRA:IKIA) Accounts Receivable : €14.50 Mil (As of Mar. 2021)


View and export this data going back to 1990. Start your Free Trial

What is Iconix Brand Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Iconix Brand Group's accounts receivables for the quarter that ended in Mar. 2021 was €14.50 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Iconix Brand Group's Days Sales Outstanding for the quarter that ended in Mar. 2021 was 66.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Iconix Brand Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was €-35.76.


Iconix Brand Group Accounts Receivable Historical Data

The historical data trend for Iconix Brand Group'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.

* Premium members only.

Iconix Brand Group Accounts Receivable Chart

Iconix Brand Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.03 56.30 34.70 28.23 20.33

Iconix Brand Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.09 18.60 14.69 20.33 14.50

Iconix Brand Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Iconix Brand Group 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.

Iconix Brand Group's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.498/19.853*91
=66.64

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Iconix Brand Group's accounts receivable are only considered to be worth 75% of book value:

Iconix Brand Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(40.475+0.75 * 14.498+0.5 * 0-524.366
-0-44.282)/14.466
=-35.76

* 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.


Iconix Brand Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Iconix Brand Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Iconix Brand Group (FRA:IKIA) Business Description

Traded in Other Exchanges
N/A
Address
1450 Broadway, 3rd Floor, New York, NY, USA, 10018
Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl's, and Kmart/Sears. Some of the company's notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.

Iconix Brand Group (FRA:IKIA) Headlines

No Headlines