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PFSweb (PFSweb) Accounts Receivable : $44.9 Mil (As of Jun. 2023)


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What is PFSweb Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PFSweb's accounts receivables for the quarter that ended in Jun. 2023 was $44.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PFSweb's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 60.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PFSweb's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.60.


PFSweb Accounts Receivable Historical Data

The historical data trend for PFSweb'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.

PFSweb Accounts Receivable Chart

PFSweb Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.42 72.26 69.59 78.02 82.54

PFSweb Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 49.55 50.71 82.54 49.40 44.92

PFSweb Accounts Receivable Calculation

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


PFSweb 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.

PFSweb's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=44.917/67.922*91
=60.34

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

PFSweb's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(39.022+0.75 * 44.917+0.5 * 0-86.273
-0-0)/22.7117
=-0.60

* 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.


PFSweb Accounts Receivable Related Terms

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PFSweb (PFSweb) Business Description

Traded in Other Exchanges
N/A
Address
9250 N. Royal Lane, Suite 100, Irving, TX, USA, 75063
PFSweb Inc is a commerce services company. The company operating segments includes PFS Operations. The PFS Operations segment provides services to support or improve the physical, post-click experience, such as logistics and fulfilment, customer care and order to cash services including distributed order orchestration and payment services. It offers services on an a la carte basis or as a complete end-to-end solution.
Executives
Transcosmos Inc. 10 percent owner 3-25-18, SHIBUYA, SHIBUYA-KU, TOKYO M0 150-8530
R Zach Thomann officer: Senior Vice President 505 MILLENNIUM, ALLEN TX 75013
Benjamin L Rosenzweig director 50 OLD IVY ROAD SUITE 230, ATLANTA GA 30342
Michael C Willoughby director, officer: CEO/President PFSWEB INC, 500 N CENTRAL EXPRESSWAY, PLANO TX 75074
Laura L. Bracken officer: CAO/Senior Vice President AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Eli Samaha 10 percent owner ONE WORLD TRADE CENTER, FLOOR 65, NEW YORK NY 10007
Stephanie Delacruz officer: Chief Accounting Officer/VP 5703 OVERTON DR., PARKER TX 75002
David I Beatson director PFSWEB INC, 500 N CENTRAL EXPRESSWAY, PLANO TX 75074
James F Reilly director PFSWEB INC, 500 N CENTRAL EXPRESSWAY, PLANO TX 75074
Monica Luechtefeld director 6600 NORTH MILITARY TRAIL, BOCA RATON FL 33496
Robert Frankfurt director 1133 WESTCHESTER AVENUE, SUITE N222, WHITE PLAINS NY 10804
De Luca Gladys Mercedes director 1004 SHELL AVE, PACIFIC GROVE CA 93950
Peter John Stein director 505 MILLENNIUM, ALLEN TX 75013
Thomas J Madden officer: CFO/Executive Vice President PFSWEB INC, 500 N CENTRAL EXPRESSWAY, PLANO TX 75074
Mark Fuentes officer: Senior Vice President & CIO 505 MILLENNIUM, ALLEN TX 75013