Signet Jewelers (Signet Jewelers) Accounts Receivable

: $9 Mil (As of Jan. 2024)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Signet Jewelers's accounts receivables for the quarter that ended in Jan. 2024 was $9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Signet Jewelers's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 0.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Signet Jewelers's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-51.87.

Signet Jewelers Accounts Receivable Historical Data

The historical data trend for Signet Jewelers'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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Signet Jewelers Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Receivable

34.40

83.60

18.30

14.50

9.40

Signet Jewelers Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable																14.50	19.80	16.80	10.90	9.40

Signet Jewelers Accounts Receivable Calculation

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

Signet Jewelers 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.

Signet Jewelers's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.4	/	2497.6	*	91
=	0.34

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

Signet Jewelers's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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)
=	(1378.7	+	0.75 * 9.4	+	0.5 * 1936.6	-	3991.2
-	655.5	-	0)	/	44.2
=	-51.87

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.

Signet Jewelers Accounts Receivable Related Terms

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Signet Jewelers (Signet Jewelers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Signet Jewelers Ltd (NYSE:SIG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

SZ2:Germany

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.signetjewelers.com

Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.

Executives

Virginia Drosos	director, officer: Chief Executive Officer	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Howard A Melnick	officer: Chief Information Officer	C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Mary Elizabeth Finn	officer: Chief People Officer	770 BROADWAY, NEW YORK NY 10003
Stash Ptak	officer: * See Remarks	375 GHENT RD, AKRON OH 44333
William Brace	officer: See Remarks	375 GHENT RD, AKRON OH 44333
Joan M Hilson	officer: Chief Financial Officer	150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
Oded Edelman	officer: President of JamesAllen.com	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Stephen E. Lovejoy	officer: Chief Supply Chain Officer	C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Zackery A Hicks	director	C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Brian A Tilzer	director	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Rebecca Wooters	officer: Chief Digital Officer	375 GHENT RD, AKRON OH 44333
Jamie Singleton	officer: See Remarks	9797 ROMBAUER, DALLAS TX 75019
Helen Mccluskey	director	2211 REDDING ROAD, FAIRFIELD CT 06430
Eugenia Ulasewicz	director	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
H. Todd Stitzer	director	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11