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Ashley (Laura) Holdings (LSE:ALY) Accounts Receivable : £11.2 Mil (As of Dec. 2019)


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What is Ashley (Laura) Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ashley (Laura) Holdings's accounts receivables for the quarter that ended in Dec. 2019 was £11.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ashley (Laura) Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2019 was 18.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ashley (Laura) Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was £-0.12.


Ashley (Laura) Holdings Accounts Receivable Historical Data

The historical data trend for Ashley (Laura) Holdings'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.

Ashley (Laura) Holdings Accounts Receivable Chart

Ashley (Laura) Holdings Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jun17 Jun18 Jun19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.60 9.90 8.40 7.90 5.70

Ashley (Laura) Holdings Semi-Annual Data
Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 19.00 7.90 17.20 5.70 11.20

Ashley (Laura) Holdings Accounts Receivable Calculation

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


Ashley (Laura) Holdings 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.

Ashley (Laura) Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.2/109.6*91
=18.65

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

Ashley (Laura) Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 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)
=(4.1+0.75 * 11.2+0.5 * 43.1-121.5
-0-0)/727.763
=-0.12

* 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.


Ashley (Laura) Holdings Accounts Receivable Related Terms

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Ashley (Laura) Holdings (LSE:ALY) Business Description

Traded in Other Exchanges
N/A
Address
27 Bagleys Lane, Fulham, London, GBR, SW6 2QA
Ashley (Laura) Holdings PLC is an international lifestyle brand, which specializes in retailing furniture, home accessories, decorating and fashion products. Its two operating segments are Retail and Non-Retail. Retail revenue reflects sales through its Stores; E-Commerce and Mail Order and Hotel. Its Non-retail revenue includes Licensing, Franchising, and Manufacturing. The company generates maximum revenue from the Retail segment which includes Stores. Geographically, it derives a majority of revenue from the UK, Ireland and France and also has a presence in Japan and the Rest of the World.

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