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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Armstrong Flooring's accounts receivables for the quarter that ended in Dec. 2021 was $70.7 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Armstrong Flooring's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 39.24.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Armstrong Flooring's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-8.35.
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.
Armstrong Flooring's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Armstrong Flooring's accounts receivable are only considered to be worth 75% of book value:
Armstrong Flooring's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 is calculated as:
* 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.
Armstrong Flooring Accounts Receivable Related Terms
Armstrong Flooring Accounts Receivable Historical Data
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The historical data trend for Armstrong Flooring'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.
What does a Accounts Receivable of $70.7 Mil mean?
Armstrong Flooring (AFIIQ) has a Accounts Receivable of $70.7 Mil as of Dec. 2021. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Armstrong Flooring and its competitors.
Is Armstrong Flooring's Accounts Receivable too high?
Armstrong Flooring's current Accounts Receivable is $70.7 Mil. Overall, Armstrong Flooring has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong Flooring's Accounts Receivable compare to AEHL and CARR?
Armstrong Flooring's Accounts Receivable of $70.7 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Construction company?
A good Accounts Receivable depends on the Construction industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Armstrong Flooring and its competitors. Armstrong Flooring's current Accounts Receivable is $70.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong Flooring stock overvalued right now?
Armstrong Flooring (AFIIQ) has a current Accounts Receivable of $70.7 Mil. The current Accounts Receivable is $70.7 Mil. Armstrong Flooring's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Armstrong Flooring (AFIIQ), the current Accounts Receivable is $70.7 Mil as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.
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