Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lululemon Athletica's accounts receivables for the quarter that ended in Apr. 2022 was $78 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Lululemon Athletica's Days Sales Outstanding for the quarter that ended in Apr. 2022 was 4.43.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lululemon Athletica's Net-Net Working Capital per share for the quarter that ended in Apr. 2022 was $-5.35.
Lululemon Athletica Accounts Receivable Historical Data
The historical data trend for Lululemon Athletica'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.
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.
Lululemon Athletica's Days Sales Outstanding for the quarter that ended in Apr. 2022 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Lululemon Athletica's accounts receivable are only considered to be worth 75% of book value:
Lululemon Athletica's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2022 is calculated as:
* 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.
Lululemon Athletica Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Lululemon Athletica's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Lululemon Athletica Inc. designs, distributes, and markets athletic apparel and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 550 company-owned stores in 17 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
2.58(0.78%) Volume: 254,163 11:30AM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:LULU has been successfully added to your 
