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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Natural Grocers by Vitamin Cottage's accounts receivables for the quarter that ended in Sep. 2024 was $13 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Natural Grocers by Vitamin Cottage's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 3.57.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Natural Grocers by Vitamin Cottage's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-17.59.
The historical data trend for Natural Grocers by Vitamin Cottage'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.
Natural Grocers by Vitamin Cottage Annual Data | |||||||||||||||||||||
Trend | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | Sep24 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 8.52 | 8.49 | 10.50 | 10.80 | 12.61 |
Natural Grocers by Vitamin Cottage 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 | 10.80 | 9.32 | 8.74 | 8.92 | 12.61 |
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.
Natural Grocers by Vitamin Cottage's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 12.61 | / | 322.661 | * | 91 |
= | 3.57 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Natural Grocers by Vitamin Cottage's accounts receivable are only considered to be worth 75% of book value:
Natural Grocers by Vitamin Cottage'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) | ||
= | (8.871 | + | 0.75 * 12.61 | + | 0.5 * 120.672 | - | 481.222 |
- | 0 | - | 0) | / | 22.8885 | ||
= | -17.59 |
* 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 Natural Grocers by Vitamin Cottage's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Lark Isely | other: 13D Group Member | 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228 |
Todd Dissinger | officer: Chief Financial Officer | C/O NATURAL GROCERS BY VITAMIN COTTAGE, 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228 |
Dyami Isely-parvanta | other: 13D Group Member | 12612 WEST ALAMEDA PKWY., LAKEWOOD CO 80228 |
Zephyr Isely 2012 Irrevocable Family Trust | other: 13D Group Member | PO BOX 260169, LAKEWOOD CO 80226-0169 |
Elizabeth Isely 2012 Irrevocable Family Trust | other: 13D Group Member | PO BOX 260169, LAKEWOOD CO 80226-0169 |
Kemper & Virginia Isely 2012 Irrevocable Family Trust | other: 13D Group Member | PO BOX 260169, LAKEWOOD CO 80226-0169 |
Heather C. Isely 2012 Irrevocable Family Trust | other: 13D Group Member | PO BOX 260169, LAKEWOOD CO 80226-0169 |
Robert Linnane | other: 13D Group Member | 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228 |
Charles Isely-rice | other: 13D Group Member | 12612 WEST ALAMEDA PKWY, LAKEWOOD CO 80228 |
David C. Rooney | director | 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228 |
Ritchie K. Isely | other: 13D Group Member | 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228 |
Masala Isely-rice | other: 13D Group Member | 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228 |
Charity Isely | other: 13D Group Member | 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228 |
Sandra Buffa | officer: Chief Financial Officer | 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228 |
Elizabeth Isely | director, officer: Executive Vice President | 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228 |
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