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Ultimate Products (CHIX:ULTPL) Accounts Receivable : £24.9 Mil (As of Jan. 2025)


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What is Ultimate Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ultimate Products's accounts receivables for the quarter that ended in Jan. 2025 was £24.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ultimate Products's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 57.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ultimate Products's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was £-0.28.


Ultimate Products Accounts Receivable Historical Data

The historical data trend for Ultimate Products'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.

* Premium members only.

Ultimate Products Accounts Receivable Chart

Ultimate Products Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.98 25.37 30.64 28.18 28.51

Ultimate Products Semi-Annual Data
Apr14 Jul15 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 32.42 28.18 23.61 28.51 24.89

Ultimate Products Accounts Receivable Calculation

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


Ultimate Products 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.

Ultimate Products's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=24.89/79.484*91
=57.15

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

Ultimate Products's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(2.521+0.75 * 24.89+0.5 * 38.774-64.332
-0-0)/85.078
=-0.28

* 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.


Ultimate Products Accounts Receivable Related Terms

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Ultimate Products Business Description

Traded in Other Exchanges
Address
Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD
Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe, and the Rest of the world.

Ultimate Products Headlines

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