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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hilton Grand Vacations's accounts receivables for the quarter that ended in Sep. 2024 was $249 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Hilton Grand Vacations's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 17.40.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hilton Grand Vacations's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-77.15.
The historical data trend for Hilton Grand Vacations'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.
Hilton Grand Vacations Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 1,330.00 | 1,093.00 | 1,947.00 | 2,096.00 | 2,456.00 |
Hilton Grand Vacations 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 | 308.00 | 2,456.00 | 360.00 | 346.00 | 249.00 |
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.
Hilton Grand Vacations's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 249 | / | 1306 | * | 91 |
= | 17.40 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Hilton Grand Vacations's accounts receivable are only considered to be worth 75% of book value:
Hilton Grand Vacations'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) | ||
= | (297 | + | 0.75 * 249 | + | 0.5 * 2243 | - | 9167 |
- | 0 | - | 142) | / | 99.8501 | ||
= | -77.15 |
* 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 Hilton Grand Vacations's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Apollo Principal Holdings Iii Gp Ltd | 10 percent owner | C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005 |
Corbin Charles R. Jr. | officer: EVP & General Counsel | C/O HILTON GRAND VACATIONS INC., 6355 METROWEST BOULEVARD, SUITE 180, ORLANDO FL 32835 |
Jorge Pablo Brizi | officer: See Remarks | 5323 MILLENIA LAKES BOULEVARD, SUITE120, ORLANDO FL 32839 |
Carlos Hernandez | officer: See Remarks | 5323 MILLENIA LAKES BOULEVARD, SUITE 120, ORLANDO FL 32839 |
David William Johnson | director | 4100 MIDWAY ROAD, SUITE 2115, CARROLLTON TX 75007 |
Mark D Wang | director, officer: See Remarks | 5323 MILLENIA LAKES BLVD, ORLANDO FL 32801 |
Brenda J Bacon | director | 909 COMMERCE ROAD, ANNAPOLIS MD 21403 |
Gordon Gurnik | officer: See Remarks | C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054 |
Daniel Jason Mathewes | officer: See Remarks | 5323 MILLENIA LAKES BLVD., SUITE 400, ORLANDO FL 32839 |
Ap Viii Dakota Holdings, L.p. | 10 percent owner | ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577 |
David Sambur | director | 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
Ap Dakota Co-invest Gp, Llc | 10 percent owner | ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577 |
Hoek Alex Van | director | APOLLO GLOBAL MANAGEMENT INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 100019 |
Apollo Capital Management Viii, Llc | 10 percent owner | ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577 |
Apollo Advisors Viii, L.p. | 10 percent owner | ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577 |
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