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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Emerson Radio's accounts receivables for the quarter that ended in Sep. 2024 was $2.11 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Emerson Radio's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 70.39.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Emerson Radio's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.76.
The historical data trend for Emerson Radio'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.
Emerson Radio Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 0.48 | 0.69 | 1.29 | 1.17 | 1.34 |
Emerson Radio 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 | 1.83 | 1.09 | 1.34 | 1.73 | 2.11 |
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.
Emerson Radio's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 2.112 | / | 2.738 | * | 91 |
= | 70.39 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Emerson Radio's accounts receivable are only considered to be worth 75% of book value:
Emerson Radio'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) | ||
= | (16.741 | + | 0.75 * 2.112 | + | 0.5 * 6.128 | - | 2.188 |
- | 3.31 | - | 0) | / | 21.0427 | ||
= | 0.76 |
* 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 Emerson Radio's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Richard Li | officer: Chief Financial Officer | C/O EMERSON RADIO CORP., 35 WATERVIEW BLVD., SUITE 140, PARSIPPANY NJ 07054 |
Omen Charm Ltd | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Bingzhao Tan | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Guichai He | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Ocean Rose Global Ltd | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Wealth Warrior Global Ltd | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Praisewise Ltd | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Merchant Link Holdings Ltd | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Splendid Brilliance (ptc) Ltd | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Aurizon Enterprises Ltd | 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Rise Vision Global Ltd | director, 10 percent owner | UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP |
Ho Wing On Christopher | director | 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909 |
Kin S Yuen | director | C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601 |
Ho Family Trust | 10 percent owner | 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909 |
John Howard Batchelor | director | C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601 |
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