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Canada Goose Holdings (Canada Goose Holdings) Accounts Receivable : $96.5 Mil (As of Dec. 2023)


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What is Canada Goose Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Canada Goose Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $96.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Canada Goose Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Canada Goose Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-5.42.


Canada Goose Holdings Accounts Receivable Historical Data

The historical data trend for Canada Goose 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.

Canada Goose Holdings Accounts Receivable Chart

Canada Goose Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 14.73 23.14 17.42 17.38 22.22

Canada Goose Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 90.25 22.22 28.60 93.34 96.45

Canada Goose Holdings Accounts Receivable Calculation

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


Canada Goose 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.

Canada Goose Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=96.452/454.606*91
=19.36

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

Canada Goose Holdings'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)
=(115.012+0.75 * 96.452+0.5 * 356.589-895.2
-0-3.28)/98.2284
=-5.42

* 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.


Canada Goose Holdings Accounts Receivable Related Terms

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Canada Goose Holdings (Canada Goose Holdings) Business Description

Traded in Other Exchanges
Address
250 Bowie Avenue, Toronto, ON, CAN, M6E 4Y2
Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and international distributors. Geographically, it has a presence in Canada, the United States, Asia, Europe, and the Rest of the World.