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The Bon-Ton Stores (The Bon-Ton Stores) Accounts Receivable : $59 Mil (As of Oct. 2017)


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What is The Bon-Ton Stores Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Bon-Ton Stores's accounts receivables for the quarter that ended in Oct. 2017 was $59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Bon-Ton Stores's Days Sales Outstanding for the quarter that ended in Oct. 2017 was 9.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Bon-Ton Stores's Net-Net Working Capital per share for the quarter that ended in Oct. 2017 was $-60.79.


The Bon-Ton Stores Accounts Receivable Historical Data

The historical data trend for The Bon-Ton Stores'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.

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The Bon-Ton Stores Accounts Receivable Chart

The Bon-Ton Stores Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.03 39.57 59.73 - -

The Bon-Ton Stores Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 37.34 - - - 59.41

The Bon-Ton Stores Accounts Receivable Calculation

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


The Bon-Ton Stores 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.

The Bon-Ton Stores's Days Sales Outstanding for the quarter that ended in Oct. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=59.411/545.337*91
=9.94

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

The Bon-Ton Stores's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2017 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)
=(7.268+0.75 * 59.411+0.5 * 851.662-1742.558
-0-0)/20.809
=-60.79

* 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.


The Bon-Ton Stores Accounts Receivable Related Terms

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The Bon-Ton Stores (The Bon-Ton Stores) Business Description

Traded in Other Exchanges
N/A
Address
2801 East Market Street, York, PA, USA, 17402
The Bon-Ton Stores Inc operates is a department store operator in the United States. It offers a range of brand-name fashion apparel and accessories for women, men, and children, through stores in the United States. Its nationally distributed brand assortment includes a range of labels in the apparel, accessories, footwear, cosmetics and home furnishings industries, such as Anne Klein, Calvin Klein, Carters, Chaps, Clarks, Clinique, Coach, Estee Lauder and Others.
Executives
Chad C Stauffer officer: EVP, Chief Merchandising Off. AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Philmer H Rohrbaugh director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Todd C Mccarty director 2801 EAST MARKET STREET, YORK PA 17402
Nancy A Walsh officer: EVP, Chief Financial Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Lucinda M Baier director 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Brendan Hoffman director 100 PIER 1 PLACE, FORT WORTH TX 76102
Thomas K Hernquist director 2801 EAST MARKET STREET, YORK PA 17402
Remy W Trafelet 10 percent owner C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Trafelet & Co Llc 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Trafelet Capital Management, L.p. 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Lynn C Derry officer: Senior VP - Gen Merch Manager CHRISTOPHER & BANKS CORPORATION 2400 XENIUM LANE NORTH PLYMOUTH MN 55441
Frank Tworecke officer: President & COO THE BON-TON STORES, INC. 2801 E. MARKET ST., P.O. BOX 2821 YORK PA 17405

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