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TPX (Tempur Sealy International) Accounts Receivable : $468 Mil (As of Sep. 2024)


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What is Tempur Sealy International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tempur Sealy International's accounts receivables for the quarter that ended in Sep. 2024 was $468 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tempur Sealy International's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 32.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tempur Sealy International's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-19.01.


Tempur Sealy International Accounts Receivable Historical Data

The historical data trend for Tempur Sealy International'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.

Tempur Sealy International Accounts Receivable Chart

Tempur Sealy International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 372.00 383.70 419.50 422.60 431.40

Tempur Sealy International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 525.80 431.40 483.60 474.00 467.60

Tempur Sealy International Accounts Receivable Calculation

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


Tempur Sealy International 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.

Tempur Sealy International's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=467.6/1300*91
=32.82

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

Tempur Sealy International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(104.2+0.75 * 467.6+0.5 * 496.2-3994.8
-0-8.7)/173.6
=-19.01

* 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.


Tempur Sealy International Accounts Receivable Related Terms

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Tempur Sealy International Business Description

Traded in Other Exchanges
N/A
Address
1000 Tempur Way, Lexington, KY, USA, 40511
Tempur Sealy International Inc is a bedding provider. The firm develops and distributes bedding products globally through its North America and international segments (Europe, Asia Pacific, and Latin America). Tempur Sealy's products are divided into the bedding and other product categories. The bedding category comprises the majority of net sales. The primary distribution channels of the company within each segment are retail (including furniture and bedding retailers, department stores, and warehouse clubs) and other (including e-commerce platforms, company-owned stores, and third-party distributors). Some brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster. The cany generates revenue from sales from North America.
Executives
Evelyn S Dilsaver director C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596
Hansbart Wijnand officer: EVP, INTERNATIONAL 1000 TEMPUR WAY, LEXINGTON KY 40511
David Montgomery officer: Exec VP, Pres of Intl Ops TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Bhaskar Rao officer: CAO & VP of Strategic Planning TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Simon Dyer director 1000 TEMPUR WAY, LEXINGTON KY 40511
Meredith R. Siegfried director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Scott L Thompson director, officer: Chairman, President and CEO 950 ECHO LN STE 100, HOUSTON TX 77024
Thomas A. Murray officer: EVP, CMO U.S. C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Buster H Clifford Iii officer: EVP, Direct to Consumer 1000 TEMPUR WAY, LEXINGTON KY 74135
Scott Vollet officer: EVP, Global Operations 1000, TEMPUR WAY, LEXINGTON KY 40511
Trussell Robert B Jr director TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Steven H Rusing officer: President, U.S. Sales C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Arik W Ruchim director 600 CORPORATION DRIVE, PENDLETON IN 46064
Richard W Neu director 1100 WILSON BOULEVARD, SUITE 3000, ARLINGTON VA 22209
John Heil director VCA ANTECH INC, 12401 WEST OLYMPIC BLVD, LOS ANGELES CA 90064