Accounts Receivable are created when a customer has received a product but has not yet paid for that product. G-III Apparel Group's accounts receivables for the quarter that ended in Jan. 2025 was $625 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
G-III Apparel Group's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 67.90.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. G-III Apparel Group's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was $1.94.
G-III Apparel Group Accounts Receivable Historical Data
The historical data trend for G-III Apparel Group'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.
G-III Apparel Group Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
G-III Apparel Group 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.
G-III Apparel Group's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), G-III Apparel Group's accounts receivable are only considered to be worth 75% of book value:
G-III Apparel Group's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 is calculated as:
* 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.
G-III Apparel Group Accounts Receivable Related Terms
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G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives majority of its revenues from Wholesale operations.
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