Adore Beauty Group (Adore Beauty Group) Accounts Receivable : $2.3 Mil (As of Dec. 2023)

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What is Adore Beauty Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Adore Beauty Group's accounts receivables for the quarter that ended in Dec. 2023 was $2.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Adore Beauty Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 6.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Adore Beauty Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.09.

Adore Beauty Group Accounts Receivable Historical Data

The historical data trend for Adore Beauty Group'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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Adore Beauty Group Accounts Receivable Chart

Adore Beauty Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

1.45

0.38

0.74

1.69

Adore Beauty Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			0.23	0.74	1.43	1.69	2.34

Adore Beauty Group Accounts Receivable Calculation

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

Adore Beauty Group 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.

Adore Beauty Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.335	/	67.384	*	91
=	6.32

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

Adore Beauty Group'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)
=	(21.589	+	0.75 * 2.335	+	0.5 * 15.327	-	22.602
-	0	-	0)	/	93.9074
=	0.09

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.

Adore Beauty Group Accounts Receivable Related Terms

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Adore Beauty Group (Adore Beauty Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adore Beauty Group Ltd (OTCPK:ADBGF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ABY:Australia

Address

421 High Street, Level 1, Northcote, VIC, AUS, 3070

Website

https://www.adorebeautygroup.com.au

Adore Beauty Group Ltd is engaged in the online sale of cosmetics. It offers various products including skin care, hair care, body care, cosmetics, fragrances, oral care, and dietary supplements among others. The firm generates revenue through the sale of beauty and personal care products online.

Adore Beauty Group (Adore Beauty Group) Headlines

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