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Hugo Boss AG (Hugo Boss AG) Accounts Receivable : $410 Mil (As of Dec. 2023)


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What is Hugo Boss AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hugo Boss AG's accounts receivables for the quarter that ended in Dec. 2023 was $410 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hugo Boss AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hugo Boss AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-18.83.

Hugo Boss AG Accounts Receivable Historical Data

The historical data trend for Hugo Boss AG'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.

Hugo Boss AG Accounts Receivable Chart

Hugo Boss AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.25 209.25 265.00 271.64 409.62

Hugo Boss AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 271.64 310.49 323.94 350.05 409.62

Hugo Boss AG Accounts Receivable Calculation

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

Hugo Boss AG 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.

Hugo Boss AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=409.618/1282.943*91
=29.13

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

Hugo Boss AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(188.069+0.75 * 409.618+0.5 * 1162.534-2356.478
-0-19.754)/69.0162
=-18.83

* 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.

Hugo Boss AG Accounts Receivable Related Terms

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Hugo Boss AG (Hugo Boss AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hugo Boss AG (OTCPK:HUGPF) » Definitions » Accounts Receivable
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FRA:AAH OSTO:HM B MIL:MONC RL LEVI WAR:LPP PVH HKSE:03998 TSX:GIL SHSE:600398 VFC SHSE:600177 COLM BOM:532827 TPE:1476 KTB NSE:ABFRL ZGN TPE:1477 UAA
Traded in Other Exchanges
BOSSY:USA 1BOSS:Italy BOSSd:UK 0Q8F:UK BOSS:Germany BOSS:Austria
Address
Dieselstrasse 12, Metzingen, DEU, 72555
Website
https://www.hugoboss.com
Hugo Boss is a German-based menswear apparel brand operating in the premium segment through its two brands, Boss and Hugo. The brand was founded in 1924 and initially focused on uniforms. After World War II and the death of the founder, the company shifted focus to men's suits. Hugo Boss' sales are mainly menswear (90%). The company is globally present in 7,400 points of sale, with 63% of revenue generated in the European market, 22% in the Americas, 13% in Asia-Pacific, and less than 3% from licenses. It generates over 60% of sales through its own retail with over 2,000 stores globally.