Dusk Group (ASX:DSK) Accounts Receivable : A$1.8 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Dusk Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dusk Group's accounts receivables for the quarter that ended in Dec. 2023 was A$1.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dusk Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 4.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dusk Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.31.

Dusk Group Accounts Receivable Historical Data

The historical data trend for Dusk Group'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.

Dusk Group Accounts Receivable Chart

Dusk Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

2.90

0.56

0.24

0.38

Dusk Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			0.70	0.24	0.90	0.38	1.78

Dusk Group Accounts Receivable Calculation

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

Dusk Group 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.

Dusk Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.776	/	77.852	*	91
=	4.16

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

Dusk Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(31.083	+	0.75 * 1.776	+	0.5 * 17.621	-	60.681
-	0	-	0)	/	62.2679
=	-0.31

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.

Dusk Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Dusk Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Dusk Group (ASX:DSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dusk Group Ltd (ASX:DSK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

6EA:Germany

Address

75 O'Riordan Street, P.O. Box 6307, Building 1, Level 3, Alexandria, NSW, AUS, 2015

Website

https://www.dusk.com.au

Dusk Group Ltd is a specialty retailer of home fragrance products, including candles, reed diffusers, essential oils, electronic diffusers and air purifiers, and fragrance-related homewares. The Group operates within one operating segment, which is retail sales of home fragrance products and accessories. Geographically, it operates only in Australia.

Dusk Group (ASX:DSK) Headlines

No Headlines