GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Container Store Group Inc (STU:36C) » Definitions » Accounts Receivable

The Container Store Group (STU:36C) Accounts Receivable : €20.2 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is The Container Store Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Container Store Group's accounts receivables for the quarter that ended in Mar. 2024 was €20.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Container Store Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Container Store Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-12.24.


The Container Store Group Accounts Receivable Historical Data

The historical data trend for The Container Store Group'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.

The Container Store Group Accounts Receivable Chart

The Container Store Group Annual Data
Trend Feb15 Feb16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.30 15.78 17.41 24.16 20.25

The Container Store Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.16 11.75 14.38 12.71 20.25

The Container Store Group Accounts Receivable Calculation

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


The Container Store Group 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.

The Container Store Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.249/189.554*91
=9.75

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

The Container Store Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(19.32+0.75 * 20.249+0.5 * 145.759-714.54
-0-0)/49.6078
=-12.24

* 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.


The Container Store Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of The Container Store Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


The Container Store Group (STU:36C) Business Description

Traded in Other Exchanges
Address
500 Freeport Parkway, Coppell, TX, USA, 75019
The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment which consists of retail stores, website and call center, as well as installation and organizational services business, and The Elfa segment which involves designing and manufacturing of component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment. The company sells its products in the US and other countries.

The Container Store Group (STU:36C) Headlines

No Headlines