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SIGNA Sports United NV (STU:K2S) Accounts Receivable : €28 Mil (As of Mar. 2023)


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What is SIGNA Sports United NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SIGNA Sports United NV's accounts receivables for the quarter that ended in Mar. 2023 was €28 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SIGNA Sports United NV's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was €-1.56.


SIGNA Sports United NV Accounts Receivable Historical Data

The historical data trend for SIGNA Sports United NV'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.

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SIGNA Sports United NV Accounts Receivable Chart

SIGNA Sports United NV Annual Data
Trend Sep19 Sep20 Sep21 Sep22
Accounts Receivable
20.40 21.60 26.30 25.10

SIGNA Sports United NV Quarterly Data
Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.50 25.30 23.30 25.10 28.20

SIGNA Sports United NV Accounts Receivable Calculation

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


SIGNA Sports United NV 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.

SIGNA Sports United NV's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.2/0*91
=

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

SIGNA Sports United NV's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(52.6+0.75 * 28.2+0.5 * 257.4-807.3
-0-0)/387.577
=-1.56

* 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.


SIGNA Sports United NV Accounts Receivable Related Terms

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SIGNA Sports United NV (STU:K2S) Business Description

Traded in Other Exchanges
Address
Kantstrasse 164, Upper West, Berlin, DEU, 10623
SIGNA Sports United NV is a group of specialist sports webshops powered by its sports commerce and technology platform. The company's segment includes Tennis; Bike and Outdoor and Teamsport. It generates maximum revenue from the Bike and Outdoor segment. Geographically, it derives a majority of revenue from Germany.

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