STCC (Sterling Consolidated) Accounts Receivable: $3.13 Mil (As of Sep. 2022)

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What is Sterling Consolidated Accounts Receivable?

Sterling Consolidated STCC Accounts Receivable is $3.13 Mil as of Sep. 2022.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sterling Consolidated's accounts receivables for the quarter that ended in Sep. 2022 was $3.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sterling Consolidated's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 60.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sterling Consolidated's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.03.

Sterling Consolidated 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.

Sterling Consolidated's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.128/4.728*91
=60.37

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

Sterling Consolidated's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.118+0.75 * 3.128+0.5 * 4.09-6.012
-0-0)/47.285
=-0.03

* 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.

Sterling Consolidated Accounts Receivable Related Terms

Sterling Consolidated Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Sterling Consolidated'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.

Sterling Consolidated Accounts Receivable Chart

Sterling Consolidated Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.94 1.38 1.18 1.48

Sterling Consolidated Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.84 1.48 1.98 2.78 3.13

Sterling Consolidated Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $3.13 Mil mean?
Sterling Consolidated (STCC) has a Accounts Receivable of $3.13 Mil as of Sep. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Sterling Consolidated and its competitors.
Is Sterling Consolidated's Accounts Receivable too high?
Sterling Consolidated's current Accounts Receivable is $3.13 Mil.
How does Sterling Consolidated's Accounts Receivable compare to AMTY and OMTK?
Sterling Consolidated's Accounts Receivable of $3.13 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Chemicals company?
A good Accounts Receivable depends on the Chemicals industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Sterling Consolidated and its competitors. Sterling Consolidated's current Accounts Receivable is $3.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling Consolidated stock overvalued right now?
Sterling Consolidated (STCC) has a current Accounts Receivable of $3.13 Mil. The current Accounts Receivable is $3.13 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Sterling Consolidated (STCC), the current Accounts Receivable is $3.13 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sterling Consolidated Business Description

Address 1105 Green Grove Road, Neptune, NJ, USA, 07753
Sterling Consolidated Corp is engaged in the distribution and sale of O-rings used for sealing purposes. It also distributes rubber seals, oil seals, custom molded rubber parts, custom Teflon parts, Teflon rods, O-ring cord, bonded seals, O-ring kits, and stuffing box sealantsbna. These are used in different industries such as automotive, pump, transmissions, oil and energy, machinery, and packaging. It is mainly used as seals to prevent leakage of liquids or air. The company generates its key revenues through the sale of O-rings and rubber seal products in the USA.