Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Supreme Industries's accounts receivables for the quarter that ended in Jun. 2017 was $33.4 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Supreme Industries's Days Sales Outstanding for the quarter that ended in Jun. 2017 was 31.97.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Supreme Industries's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $2.26.
Supreme Industries Accounts Receivable Historical Data
The historical data trend for Supreme Industries'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.
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.
Supreme Industries's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Supreme Industries's accounts receivable are only considered to be worth 75% of book value:
Supreme Industries's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is calculated as:
* 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.
Supreme Industries Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Supreme Industries's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Supreme Industries (Supreme Industries) Business Description
Supreme Industries Inc is an US-based company which manufactures auto parts for commercial vehicles like trucks, trolleys and specialty vehicles used for transportation of goods. It also manufactures fiberglass products. The comany sells specialized trucks by installing customized truck bodies for dry freight services, refrigerated transportation and platform frames. The truck bodies are made up of aluminum, FiberPanel PW branded plywood and FiberPanel HC branded honeycomb. The comapny operates through two business segments Specialized commercial vehicles and Fiberglass products. Majority of its revenue is generated from sale of specialized trucks business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STS has been successfully added to your 