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Unbound Group (LSE:UBG) Accounts Receivable : £2.69 Mil (As of Jul. 2022)


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What is Unbound Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Unbound Group's accounts receivables for the quarter that ended in Jul. 2022 was £2.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Unbound Group's Days Sales Outstanding for the quarter that ended in Jul. 2022 was 17.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Unbound Group's Net-Net Working Capital per share for the quarter that ended in Jul. 2022 was £-0.63.


Unbound Group Accounts Receivable Historical Data

The historical data trend for Unbound 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.

* Premium members only.

Unbound Group Accounts Receivable Chart

Unbound Group Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Accounts Receivable
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Unbound Group Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jul22
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 - - - - 2.69

Unbound Group Accounts Receivable Calculation

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


Unbound 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.

Unbound Group's Days Sales Outstanding for the quarter that ended in Jul. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.691/27.63*91
=17.77

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

Unbound Group's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2022 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)
=(2.743+0.75 * 2.691+0.5 * 7.22-34.938
-0-0)/42.2581
=-0.63

* 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.


Unbound Group Accounts Receivable Related Terms

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Unbound Group (LSE:UBG) Business Description

Traded in Other Exchanges
N/A
Address
17 Old Park Lane, 7th Floor, London, GBR, W1K 1QT
Unbound Group PLC provides a range of brands focused on the 55 plus demographic. Its brand includes Hotter Shoes. It is an e-commerce focused footwear brand providing footwear with uncompromising focus on comfort and fit through the use of differentiating technology.

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