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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Collegium Pharmaceutical's accounts receivables for the quarter that ended in Sep. 2024 was $228.5 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Collegium Pharmaceutical's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 130.86.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Collegium Pharmaceutical's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-33.84.
The historical data trend for Collegium Pharmaceutical'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.
Collegium Pharmaceutical Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 72.95 | 83.32 | 105.84 | 183.12 | 179.53 |
Collegium Pharmaceutical Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Accounts Receivable | Get a 7-Day Free Trial | 181.85 | 179.53 | 174.69 | 183.86 | 228.46 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
Collegium Pharmaceutical's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 228.456 | / | 159.301 | * | 91 |
= | 130.86 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Collegium Pharmaceutical's accounts receivable are only considered to be worth 75% of book value:
Collegium Pharmaceutical's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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) | ||
= | (119.957 | + | 0.75 * 228.456 | + | 0.5 * 38.032 | - | 1400.875 |
- | 0 | - | 0) | / | 32.23 | ||
= | -33.84 |
* 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.
Thank you for viewing the detailed overview of Collegium Pharmaceutical's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas B Smith | officer: EVP and Chief Medical Officer | BIODELIVERY SCIENCES INTERNATIONAL, INC., 4131 PARKLAKE AVE SUITE 225, RALEIGH NC 27612 |
Shirley R. Kuhlmann | officer: EVP and General Counsel | 780 DEDHAM STREET, SUITE 800, CANTON MA 02021 |
Tupper Colleen | officer: EVP & Chief Financial Officer | C/O COLLEGIUM PHARMACEUTICAL, INC., 100 TECHNOLOGY CENTER DRIVE, STOUGHTON MA 02072 |
Scott Dreyer | officer: EVP & Chief Commercial Officer | 780 DEDHAM STREET, SUITE 800, CANTON MA 02021 |
Garen G Bohlin | director | C/O PRAECIS PHARMACEUTICALS INC, 830 WINTER STREET, WALTHAM MA 02451 |
Joseph Ciaffoni | director, officer: President and CEO | 100 TECHNOLOGY CENTER DRIVE, STOUGHTON MA 02072 |
Michael Thomas Heffernan | director | C/O CORNERSTONE THERAPEUTICS INC., 1255 CRESCENT GREEN DRIVE, SUITE 250, CARY NC 27518 |
John Gordon Freund | director | 125 UNIVERSITY AVE., C/O SKYLINE VENTURES, PALO ALTO CA 94301 |
Rita J. Balice-gordon | director | C/O COLLEGIUM PHARMACEUTICAL, INC., 100 TECHNOLOGY CENTER DRIVE, STOUGHTON MA 02072 |
John A. Fallon | director | C/O INSULET CORPORATION, 9 OAK PARK DRIVE, BEDFORD MA 01730 |
Gwen A Melincoff | director | C/O TOBIRA THERAPEUTICS, INC., 701 GATEWAY BOULEVARD, SOUTH SAN FRANCISCO CA 94080 |
Gino Santini | director | C/O AMAG PHARMACEUTICALS, INC., 1100 WINTER STREET, WALTHAM MA 02451 |
Neil F. Mcfarlane | director | C/O RETROPHIN, INC., 12255 EL CAMINO REAL, SUITE 250, SAN DIEGO CA 92130 |
Richard Malamut | officer: EVP and Chief Medical Officer | 100 TECHNOLOGY CENTER DRIVE, STOUGHTON MA 02072 |
Alison B Fleming | officer: Vice President, Product Devlp | 780 DEDHAM STREET, SUITE 800, CANTON MA 02021 |
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