CBKCQ (Christopher & Banks) Accounts Receivable: $3.2 Mil (As of Oct. 2020)

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CBKCQ Christopher & Banks Corp CBKCQ
12 GF Score
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What is Christopher & Banks Accounts Receivable?

Christopher & Banks CBKCQ 12 Accounts Receivable is $3.2 Mil as of Oct. 2020. GuruFocus rates CBKCQ with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Christopher & Banks's accounts receivables for the quarter that ended in Oct. 2020 was $3.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Christopher & Banks's Days Sales Outstanding for the quarter that ended in Oct. 2020 was 4.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Christopher & Banks's Net-Net Working Capital per share for the quarter that ended in Oct. 2020 was $-4.64.

Christopher & Banks 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.

Christopher & Banks's Days Sales Outstanding for the quarter that ended in Oct. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.209/72.797*91
=4.02

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

Christopher & Banks's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2020 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)
=(1.202+0.75 * 3.209+0.5 * 47.262-206.414
-0-0)/38.587
=-4.64

* 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.

Christopher & Banks Accounts Receivable Related Terms

Christopher & Banks Accounts Receivable Historical Data

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The historical data trend for Christopher & Banks'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.

Christopher & Banks Accounts Receivable Chart

Christopher & Banks Annual Data
Trend Feb11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 2.55 2.23 2.00 2.08

Christopher & Banks Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 4.64 2.08 1.62 2.60 3.21
CBKCQ
12GF Score
Christopher & Banks Corp CBKCQ
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Christopher & Banks 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 $3.2 Mil mean?
Christopher & Banks (CBKCQ) has a Accounts Receivable of $3.2 Mil as of Oct. 2020. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Christopher & Banks and its competitors.
Is Christopher & Banks' Accounts Receivable too high?
Christopher & Banks' current Accounts Receivable is $3.2 Mil. Overall, Christopher & Banks has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Christopher & Banks' Accounts Receivable compare to FRAN and IVDN?
Christopher & Banks' Accounts Receivable of $3.2 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 Christopher & Banks and its competitors. Christopher & Banks's current Accounts Receivable is $3.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Christopher & Banks stock overvalued right now?
Christopher & Banks (CBKCQ) has a current Accounts Receivable of $3.2 Mil. The current Accounts Receivable is $3.2 Mil. Christopher & Banks' 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 Christopher & Banks (CBKCQ), the current Accounts Receivable is $3.2 Mil as of Oct. 2020. 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.

Christopher & Banks Business Description

Address 2400 Xenium Lane North, Plymouth, MN, USA, 55441
Christopher & Banks Corp is a national specialty retailer. The company through its wholly owned subsidiaries operates retail stores selling women's apparel and accessories in the United States. The company operates in Retail Operations which includes the operation of its retail stores, outlet stores, online and mobile. The company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women's apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/activewear, and sleepwear in missy, petite and women sizes. It also offers a selection of jewelry and accessories.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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