Cache (CACH) Accounts Receivable: $3.6 Mil (As of Sep. 2014)

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What is Cache Accounts Receivable?

Cache CACH -99.00% Accounts Receivable is $3.6 Mil as of Sep. 2014.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cache's accounts receivables for the quarter that ended in Sep. 2014 was $3.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cache's Days Sales Outstanding for the quarter that ended in Sep. 2014 was 7.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cache's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was $-1.10.

Cache 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.

Cache's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.637/46.053*91
=7.21

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

Cache's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2014 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)
=(0.545+0.75 * 3.637+0.5 * 27.474-51.109
-0-0)/31.037
=-1.10

* 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.

Cache Accounts Receivable Related Terms

Cache Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Cache'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.

Cache Accounts Receivable Chart

Cache Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 2.86 3.40 2.20 2.81

Cache Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 2.81 0.56 3.06 3.64

Cache Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $3.6 Mil mean?
Cache (CACH) has a Accounts Receivable of $3.6 Mil as of Sep. 2014. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Cache and its competitors.
Is Cache's Accounts Receivable too high?
Cache's current Accounts Receivable is $3.6 Mil.
How does Cache's Accounts Receivable compare to CBKC and APEX?
Cache's Accounts Receivable of $3.6 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical 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 Cache and its competitors. Cache's current Accounts Receivable is $3.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cache stock overvalued right now?
Cache (CACH) has a current Accounts Receivable of $3.6 Mil. The current Accounts Receivable is $3.6 Mil. 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 Cache (CACH), the current Accounts Receivable is $3.6 Mil as of Sep. 2014. 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.

Cache Business Description

Address 256 West 38th Street, New York, NY, USA, 10018
Cache Inc is a nationwide, mall and Web-based specialty retailer of lifestyle sportswear and dresses targeting style-conscious women. The company's merchandise offerings include evening wear, casual and daytime sportswear, which encompasses a range of tops, bottoms, dresses, and accessories, all of which are sold under its Cache brand. The company operates its stores, primarily situated in central locations in high traffic, upscale malls. Its main activity includes designing and marketing of three categories of merchandise: Sportswear, Dresses, and Accessories. Sportswear consists of related tops and bottoms, dresses range from shorter lengths for day-time, cocktail, as well as day-into-evening wear to special occasion long dresses.