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Global Industrial Co (Global Industrial Co) Accounts Receivable : $134 Mil (As of Mar. 2024)


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What is Global Industrial Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Global Industrial Co's accounts receivables for the quarter that ended in Mar. 2024 was $134 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Global Industrial Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Global Industrial Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.19.


Global Industrial Co Accounts Receivable Historical Data

The historical data trend for Global Industrial Co'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.

Global Industrial Co Accounts Receivable Chart

Global Industrial Co 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 88.20 102.30 106.80 108.00 130.70

Global Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 113.70 140.50 136.80 130.70 133.90

Global Industrial Co Accounts Receivable Calculation

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


Global Industrial Co 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.

Global Industrial Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=133.9/323.4*91
=37.78

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

Global Industrial Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(29.9+0.75 * 133.9+0.5 * 162.8-257.2
-0-0)/38.1808
=-1.19

* 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.


Global Industrial Co Accounts Receivable Related Terms

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Global Industrial Co (Global Industrial Co) Business Description

Traded in Other Exchanges
Address
11 Harbor Park Drive, Port Washington, NY, USA, 11050
Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.
Executives
Thomas Axmacher officer: VP-Controller (CAO) C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Thomas Suozzi director C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Leeds 2008 Family Trust 10 percent owner C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Bruce Leeds director, officer: V. Chmn & Pres of Int. Op. C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Richard Leeds director, 10 percent owner, officer: Chairman and CEO C/O SYSTEMAX INC., 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Leeds director, officer: V. Chmn & Pres. of Dom. Op. C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Barry Litwin director C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Storch Adina officer: SVP & General Counsel C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Donna Fielding officer: Chief Human Resources Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Christopher Longhito officer: SVP, Operations C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Alex Tomey officer: SVP & Chief Merchandising OFC C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Manoj Shetty officer: SVP & Chief Info Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Dooley officer: Sr. Vice President C/O SYSTEMAX INC., 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Klaus Werner officer: SVP & Chief Marketing Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Claudia Hughes officer: SVP & Chief Sales Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050