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TAYD (Taylor Devices) Accounts Receivable : $6.72 Mil (As of Feb. 2025)


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What is Taylor Devices Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taylor Devices's accounts receivables for the quarter that ended in Feb. 2025 was $6.72 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taylor Devices's Days Sales Outstanding for the quarter that ended in Feb. 2025 was 58.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taylor Devices's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was $10.37.


Taylor Devices Accounts Receivable Historical Data

The historical data trend for Taylor Devices'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.

Taylor Devices Accounts Receivable Chart

Taylor Devices Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.82 3.38 4.47 5.55 5.21

Taylor Devices Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 4.89 5.21 6.78 8.25 6.72

Taylor Devices Accounts Receivable Calculation

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


Taylor Devices 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.

Taylor Devices's Days Sales Outstanding for the quarter that ended in Feb. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.717/10.565*91
=58.01

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

Taylor Devices's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2025 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)
=(35.437+0.75 * 6.717+0.5 * 8.805-12.344
-0-0)/3.137
=10.37

* 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.


Taylor Devices Accounts Receivable Related Terms

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Taylor Devices Business Description

Traded in Other Exchanges
N/A
Address
90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120
Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs, and Vibration Dampers. Its products are generally used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its products to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.
Executives
Timothy John Sopko director, officer: CHIEF EXECUTIVE OFFICER 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Ira Sochet 10 percent owner 24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Paul Murray Heary officer: Chief Financial Officer TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk director, officer: PRESIDENT 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark director 475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough officer: Chief Financial Officer 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor director, officer: President 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar director TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill director, officer: Vice President 90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii director PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel director, officer: Secretary
Baird Foundation Cameron 10 percent owner C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202