Accounts Receivable are created when a customer has received a product but has not yet paid for that product. STR Holdings's accounts receivables for the quarter that ended in Sep. 2019 was $0.72 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
STR Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2019 was 53.05.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. STR Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.15.
STR Holdings Accounts Receivable Historical Data
The historical data trend for STR 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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
STR 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.
STR Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), STR Holdings's accounts receivable are only considered to be worth 75% of book value:
STR Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is calculated as:
* 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.
STR Holdings Accounts Receivable Related Terms
Thank you for viewing the detailed overview of STR Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.
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