GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » National Presto Industries Inc (NYSE:NPK) » Definitions » Accounts Receivable

National Presto Industries (National Presto Industries) Accounts Receivable : $48.7 Mil (As of Dec. 2023)


View and export this data going back to 1969. Start your Free Trial

What is National Presto Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. National Presto Industries's accounts receivables for the quarter that ended in Dec. 2023 was $48.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. National Presto Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. National Presto Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $22.81.


National Presto Industries Accounts Receivable Historical Data

The historical data trend for National Presto Industries'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.

National Presto Industries Accounts Receivable Chart

National Presto Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.46 53.67 53.38 71.02 48.73

National Presto Industries 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 71.02 42.18 43.78 49.14 48.73

National Presto Industries Accounts Receivable Calculation

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


National Presto Industries 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.

National Presto Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.727/98.416*91
=45.18

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

National Presto Industries'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)
=(114.111+0.75 * 48.727+0.5 * 190.42-84.28
-0-0)/7.08438
=22.81

* 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.


National Presto Industries Accounts Receivable Related Terms

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


National Presto Industries (National Presto Industries) Business Description

Traded in Other Exchanges
N/A
Address
3925 North Hastings Way, Eau Claire, WI, USA, 54703-3703
National Presto Industries Inc has an eclectic product portfolio consisting of household appliances, ammunition, and diapers. The company operates in three segments viz Defense, Housewares/Small Appliance, and Safety. The majority of the revenue is earned from the defense segment which is engaged in manufacturing 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; performs Load, Assemble, and Pack (LAP) operations on ordnance-related products for the U.S. Government and prime contractor. While Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances; the safety segment provides safety technology empowering organizations and individuals to protect what is more important.
Executives
David J Peuse officer: TREASURER 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Mackenzie John Roderick Jr officer: VP-SALES 3925 NORTH HASTINGS WAY, EAU CLAIRE WI 54703
Richard L Jeffers officer: VP-SALES 3925 N HASTINGS WAY, EAU CLAIRE X1 54703
Patrick J Quinn director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Richard N Cardozo director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Spencer W Ahneman officer: Vice President 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Randy F Lieble director, officer: Vice President, Treasurer, CFO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Jeffery Alan Morgan officer: Vice President-Engineering 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Douglas J Frederick officer: General counsel & secretary 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Joseph G Stienessen director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Maryjo R Cohen director, 10 percent owner, officer: Chair of Board,President,CEO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Donald E Hoeschen officer: vice president 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Peterson Terry D Jr officer: Treasurer/CFO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Ian M Kees officer: General Counsel 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
James F Bartl director, officer: Sr Vice President/Secretary 3925 NO HASTINGS WAY, EAU CLAIRE WI 54703

National Presto Industries (National Presto Industries) Headlines

From GuruFocus

Where Have All the Net-Nets Gone?

By Geoff Gannon Geoff Gannon 06-08-2011

Predictive Analytics to be Used to Protect COVID-19 Vaccines

By PRNewswire PRNewswire 12-08-2020

Gurus Hold Lows - Manufacturing Suffers Shutdown Backlash

By Sally Jones Sally Jones 10-25-2013

Charlie Dreifus On Value Investing

By mfinvestor Alex Garcia 11-12-2009

National Presto Industries (NPK) - Quick analysis

By Adib Motiwala Adib Motiwala 05-20-2011