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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boston Beer Co's accounts receivables for the quarter that ended in Jun. 2024 was $125 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Boston Beer Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 19.77.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boston Beer Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.46.
The historical data trend for Boston Beer Co'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.
Boston Beer Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 54.40 | 78.36 | 55.02 | 56.67 | 67.00 |
Boston Beer Co Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Accounts Receivable | Get a 7-Day Free Trial | 117.07 | 87.98 | 67.00 | 72.96 | 125.45 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
Boston Beer Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 125.452 | / | 579.098 | * | 91 |
= | 19.77 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Boston Beer Co's accounts receivable are only considered to be worth 75% of book value:
Boston Beer Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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) | ||
= | (219.295 | + | 0.75 * 125.452 | + | 0.5 * 152.296 | - | 394.911 |
- | 0 | - | 0) | / | 11.7634 | ||
= | -0.46 |
* 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.
Thank you for viewing the detailed overview of Boston Beer Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Carolyn L. O'boyle | officer: Chief People Officer | THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PL., STE. 850, BOSTON MA 02210 |
Diego Reynoso | officer: CFO and Treasurer | 7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344 |
Calagione Samuel A. Iii | officer: Founder & Brewer, Dogfish Head | THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PL., STE. 850, BOSTON MA 02210 |
John C Geist | officer: VP of Sales | ONE DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210 |
Cynthia Swanson | director | 1529 OAK STREET, SARASOTA FL 34236 |
David A Burwick | director | 32 AUTUMN LANE, NEW CANAAN CT 06840 |
Philip A. Hodges | officer: Chief Supply Chain Officer | THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PL., STE. 850, BOSTON MA 02210 |
Matthew Donal Murphy | officer: CAO & Interim CFO | THE BOSTON BEER COMPANY, ONE DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210 |
Annette N Fritsch | officer: VP of Product Design and R&D | THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PLACE, SUITE 850, BOSTON 2J 02210 |
David L. Grinnell | officer: Vice President of Brewing | THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PLACE, STE. 850, BOSTON MA 02170 |
Quincy B Troupe | officer: Senior VP, Supply Chain | C/O THE BOSTON BEER COMPANY, 1 DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210 |
C James Koch | director, 10 percent owner, officer: Chairman | C/O THE BOSTON BEER COMPANY, ONE DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210 |
Jean Michel Valette | director | 28 MAPLE AVE, KENTFIELD CT 06897 |
Cynthia A Fisher | director | 186 PARK STREET, NEWTON MA 02458 |
Tara L. Heath | officer: Vice President, Legal | THE BOSTON BEER COMPANY, INC., 1 DESIGN CENTER PL., STE. 850, BOSTON MA 02210 |
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