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Kaspien Holdings (Kaspien Holdings) Accounts Receivable : $1.6 Mil (As of Oct. 2023)


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What is Kaspien Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kaspien Holdings's accounts receivables for the quarter that ended in Oct. 2023 was $1.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kaspien Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 5.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kaspien Holdings's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-5.70.


Kaspien Holdings Accounts Receivable Historical Data

The historical data trend for Kaspien 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.

Kaspien Holdings Accounts Receivable Chart

Kaspien Holdings 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 5.38 4.14 2.72 2.34 1.17

Kaspien Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 2.80 1.17 2.88 2.21 1.57

Kaspien Holdings Accounts Receivable Calculation

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


Kaspien 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.

Kaspien Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.572/26.434*91
=5.43

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

Kaspien Holdings's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(0.405+0.75 * 1.572+0.5 * 24.044-41.919
-0-0)/4.97013
=-5.70

* 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.


Kaspien Holdings Accounts Receivable Related Terms

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Kaspien Holdings (Kaspien Holdings) Business Description

Traded in Other Exchanges
Address
2818 N. Sullivan Road, Suite 130, Spokane Valley, WA, USA, 99216
Kaspien Holdings Inc is a digital marketplace retailer that partners with companies to expand its brand. It provides a platform of software and services to brands in order to grow their online distribution channels on digital marketplaces such as Amazon, Walmart, and eBay, among others. The company focuses on various categories, including pets and sporting goods, baby, tools / office / outdoor, health & personal care, and home / kitchen. It generates substantially all of its revenue through Amazon Marketplace.
Executives
Tom Simpson director 38 CORPORATE CIRCLE, ALBANY NY 12203
Mark E Holliday director 257 SW MARCONI AVENUE, PORTLAND OR 97201
Brock Kowalchuk officer: Interim Chief Executive Office PO BOX 462, EAST SCHODACK NY 12063
Kunal Chopra officer: CEO - etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Jonathan Anthony Marcus director 100 PINE STREET, SUITE 2700, SAN FRANCISCO CA 94111
Jeffrey Scott Hastings director 38 CORPORATE CIRCLE, ALBANY NY 12203
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Edwin Sapienza officer: Chief Financial Officer 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Miller Lloyd I Iii 10 percent owner
Robert J Higgins director, 10 percent owner, officer: Chairman and CEO C/O TRANS WORLD ENTERTAINMENT CORP, 38 CORPORATE CIRCLE, ALBANY NY 12203
Josh Neblett officer: CEO, etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert J. Higgins Twmc Trust 10 percent owner 38 CORPORATE CIRCLE, ALBANY NY 12203
Christoph Hoerenz officer: Chief Digital and Mktg Officer 38 CORPORATE CIRCLE, ALBANY NY 12033