CONNQ (Conn's) Accounts Receivable: $419 Mil (As of Jan. 2024)

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CONNQ Conn's Inc CONNQ
16 GF Score
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What is Conn's Accounts Receivable?

Conn's CONNQ 16 Accounts Receivable is $419 Mil as of Jan. 2024. GuruFocus rates CONNQ with a GF Score™ of 16/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Conn's's accounts receivables for the quarter that ended in Jan. 2024 was $419 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Conn's's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 104.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Conn's's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-61.37.


Conn's 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.

Conn's's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=419.005/366.077*91
=104.44

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

Conn's's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(18.703+0.75 * 419.005+0.5 * 333.962-2008.79
-0-0)/24.587
=-61.37

* 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.


Conn's Accounts Receivable Related Terms


Conn's Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Conn's'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.

Conn's Accounts Receivable Chart

Conn's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 673.74 478.73 455.79 421.68 419.01

Conn's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 421.68 417.36 426.22 424.94 419.01
CONNQ
16GF Score
Conn's Inc CONNQ
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Conn's 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 $419 Mil mean?
Conn's (CONNQ) has a Accounts Receivable of $419 Mil as of Jan. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Conn's and its competitors.
Is Conn's' Accounts Receivable too high?
Conn's' current Accounts Receivable is $419 Mil. Overall, Conn's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Conn's' Accounts Receivable compare to ZKGCF and ORLY?
Conn's' Accounts Receivable of $419 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 Conn's and its competitors. Conn's's current Accounts Receivable is $419 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conn's stock overvalued right now?
Conn's (CONNQ) has a current Accounts Receivable of $419 Mil. The current Accounts Receivable is $419 Mil. Conn's' overall GF Score™ is 16/100. 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 Conn's (CONNQ), the current Accounts Receivable is $419 Mil as of Jan. 2024. 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.

Conn's Business Description

Address 2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381
Conn's Inc is a us-based specialty retailer selling durable consumer goods and related services. The company operates through two segments: retail and credit. The retail segment sells furniture, home appliances, electronics, and more. The credit segment provides credit solutions for credit-constrained consumers. They focus on the us market and offer competitive prices, affordable payment options, and fast delivery and installation. Conn's Inc primarily focuses on the us market and generates its revenue from the retail segment. They offer customers the opportunity to compare prices across brands with confidence, along with affordable monthly payment options, fast delivery and installation in the majority of their markets, and product repair services.
16GF Score

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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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