Skechers USA (Skechers USA) Change In Receivables

: $-3 Mil (TTM As of Dec. 2023)

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Skechers USA's change in receivables for the quarter that ended in Dec. 2023 was $64 Mil. It means Skechers USA's Accounts Receivable declined by $64 Mil from Sep. 2023 to Dec. 2023 .

Skechers USA's change in receivables for the fiscal year that ended in Dec. 2023 was $-3 Mil. It means Skechers USA's Accounts Receivable increased by $3 Mil from Dec. 2022 to Dec. 2023 .

Skechers USA's Accounts Receivable for the quarter that ended in Dec. 2023 was $860 Mil.

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 Receivable are being managed. Skechers USA's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Skechers USA's liquidation value for the three months ended in Dec. 2023 was $-477 Mil.

Skechers USA Change In Receivables Historical Data

The historical data trend for Skechers USA's Change In Receivables 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.

Skechers USA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-118.39

13.26

-154.25

-179.73

-3.42

Skechers USA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																107.74	-185.43	124.11	-6.35	64.25

Skechers USA Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3 Mil.

Skechers USA (NYSE:SKX) Change In Receivables 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 Receivable are being managed.

Skechers USA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	860.3	/	1960.94	*	91
=	40.03

2. In Ben Graham's calculation of liquidation value, Skechers USA's accounts receivable are only considered to be worth 75% of book value:

Skechers USA's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1262.505	-	3147.309	+	0.75 * 860.3	+	0.5 * 1525.409
=	-477

Skechers USA Change In Receivables Related Terms

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Skechers USA (Skechers USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Skechers USA Inc (NYSE:SKX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SKAA:Germany SKAA:Germany

Address

228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266

Website

https://www.skechers.com

Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments include Wholesale, and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.

Executives

Robert Greenberg	director, 10 percent owner, officer: Chief Executive Officer	SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Michael Greenberg	director, officer: President	SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Phillip Paccione	officer: General Counsel & Secretary
Katherine J. Blair	director	228 MANHATTAN BEACH BOULEVARD, MANHATTAN BEACH CA 90266
Richard Siskind	director	C/O R SISKIND & CO, 1385 BROADWAY, NEW YORK NY 10018
Mark A Nason	officer: Executive VP
David Weinberg	director, officer: Chief Operating Officer
Yolanda Macias	director	228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Zulema Garcia	director	228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Jeffrey Greenberg	director
Thomas Walsh	director	12548 W. FETLOCK TRAIL, PEORIA AZ 85383
Richard Rappaport	director	1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
John M Vandemore	officer: Chief Financial Officer	6355 S. BUFFALO DRIVE, LAS VEGAS NV 89521
Morton D Erlich	director	228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Geyer Kosinski	director