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Staffing 360 Solutions (STU:28S) Accounts Receivable : €16.3 Mil (As of Dec. 2023)


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What is Staffing 360 Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Staffing 360 Solutions's accounts receivables for the quarter that ended in Dec. 2023 was €16.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Staffing 360 Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 729.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Staffing 360 Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-7.57.


Staffing 360 Solutions Accounts Receivable Historical Data

The historical data trend for Staffing 360 Solutions'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.

Staffing 360 Solutions Accounts Receivable Chart

Staffing 360 Solutions Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.94 20.20 18.34 20.12 16.31

Staffing 360 Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 20.12 22.82 24.71 23.63 16.31

Staffing 360 Solutions Accounts Receivable Calculation

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


Staffing 360 Solutions 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.

Staffing 360 Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.307/2.041*91
=729.06

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Staffing 360 Solutions's accounts receivable are only considered to be worth 75% of book value:

Staffing 360 Solutions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0.661+0.75 * 16.307+0.5 * 0-72.017
-0-0)/7.812
=-7.57

* 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.


Staffing 360 Solutions Accounts Receivable Related Terms

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Staffing 360 Solutions (STU:28S) Business Description

Traded in Other Exchanges
Address
757 3rd Avenue, 27th Floor, New York, NY, USA, 10017
Staffing 360 Solutions, Inc. is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space.

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