United Natural Foods (United Natural Foods) Accounts Receivable : $960 Mil (As of Jan. 2024)

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What is United Natural Foods Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Natural Foods's accounts receivables for the quarter that ended in Jan. 2024 was $960 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Natural Foods's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 11.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Natural Foods's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-68.50.

United Natural Foods Accounts Receivable Historical Data

The historical data trend for United Natural Foods'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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United Natural Foods Accounts Receivable Chart

United Natural Foods Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Receivable

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1,043.78

1,101.00

1,087.00

1,195.00

870.00

United Natural Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															972.00	963.00	870.00	987.00	960.00

United Natural Foods Accounts Receivable Calculation

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

United Natural Foods 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.

United Natural Foods's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	960	/	7775	*	91
=	11.27

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

United Natural Foods'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)
=	(34	+	0.75 * 960	+	0.5 * 2311	-	5979
-	0	-	0)	/	59.408
=	-68.50

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.

United Natural Foods Accounts Receivable Related Terms

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United Natural Foods (United Natural Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » United Natural Foods Inc (NYSE:UNFI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

UN3:Germany UN3:Germany

Address

313 Iron Horse Way, Providence, RI, USA, 02908

Website

https://www.unfi.com

United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.

Executives

Andre Persaud	officer: President and CEO, Retail	30 HUNTER LANE, CAMP HILL PA 17011
Bates Ann Torre	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
John W Howard	officer: Interim CFO	313 IRON HORSE WAY, PROVIDENCE RI 02908
Douglas J Alexander Jr	director, officer: Chief Executive Officer	3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Lynn S. Blake	director	250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
James M Loree	director	1000 STANLEY DRIVE, NEW BRITAIN CT 06053
James C Pappas	director	1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Erin Horvath	officer: COO	313 IRON HORSE WAY, C/O IRON HORSE WAY, PROVIDENCE RI 02908
Danielle Benedict	officer: SVP, Human Resources	313 IRON HORSE WAY, PROVIDENCE RI 02908
Christopher P. Testa	officer: President, Blue Marble Brands	C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Richard Eric Esper	officer: Chief Accounting Officer	8501 WILLIAMS ROAD, ESTERO FL 33928
Mahrukh Hussain	officer: General Counsel and Corp. Sec.	313 IRON HORSE WAY, PROVIDENCE RI 02908
Louis Anthony Martin	officer: CSTO	313 IRON HORSE WAY, PROVIDENCE RI 02908
Matthew T Echols	officer: CCAO	313 IRON HORSE WAY, PROVIDENCE RI 02908
Mohammad Shamim	director	12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238