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iMedia Brands (STU:VVIA) Accounts Receivable : €56.1 Mil (As of Oct. 2022)


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What is iMedia Brands Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. iMedia Brands's accounts receivables for the quarter that ended in Oct. 2022 was €56.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. iMedia Brands's Days Sales Outstanding for the quarter that ended in Oct. 2022 was 40.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. iMedia Brands's Net-Net Working Capital per share for the quarter that ended in Oct. 2022 was €-11.02.


iMedia Brands Accounts Receivable Historical Data

The historical data trend for iMedia Brands'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.

iMedia Brands Accounts Receivable Chart

iMedia Brands Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.62 57.30 50.86 69.79 46.94

iMedia Brands Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 69.79 70.53 64.46 56.13 46.94

iMedia Brands Accounts Receivable Calculation

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


iMedia Brands 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.

iMedia Brands's Days Sales Outstanding for the quarter that ended in Oct. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=56.131/125.113*91
=40.94

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

iMedia Brands's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2022 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)
=(9.207+0.75 * 56.131+0.5 * 120.949-430.487
-0-0)/28.9168
=-11.02

* 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.


iMedia Brands Accounts Receivable Related Terms

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iMedia Brands (STU:VVIA) Business Description

Traded in Other Exchanges
N/A
Address
6740 Shady Oak Road, Eden Prairie, MN, USA, 55344-3433
Legacy Imbds Inc Formerly iMedia Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences. It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in three segments: Entertainment, Consumer Brand and Media Commerce Services. Geographically, it derives a majority of its revenue from the US.

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