GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fad International Co (SAU:9589) » Definitions » Accounts Receivable

Fad International Co (SAU:9589) Accounts Receivable : ﷼1.3 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Fad International Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fad International Co's accounts receivables for the quarter that ended in Jun. 2024 was ﷼1.3 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. Fad International Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ﷼-14.90.

Fad International Co Accounts Receivable Historical Data

The historical data trend for Fad International 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.

* Premium members only.

Fad International Co Accounts Receivable Chart

Fad International Co Annual Data
Trend Dec22 Dec23
Accounts Receivable
1.88 3.55

Fad International Co Quarterly Data
Dec22 Jun23 Dec23 Jun24
Accounts Receivable 1.88 - 3.55 1.32

Fad International Co Accounts Receivable Calculation

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

Fad International Co 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.

Fad International 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
=1.32/0*91
=

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

Fad International 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)
=(13.963+0.75 * 1.32+0.5 * 24.123-44.89
-0-0)/1.2
=-14.90

* 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.

Fad International Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Fad International Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Fad International Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fad International Co (SAU:9589) » Definitions » Accounts Receivable
Comparable Companies
Traded in Other Exchanges
N/A
Address
Hay Al-Andalus - Muhammad Al-Bakri Street, P.O. Box: 3247, Jeddah, SAU
Website
http://www.fadint.com
Fad International Co manages two trending fashion brands, femi9 and Vivid Flair London, with 71 stores across three continents. Both brands are managed completely in-house, from design, logistics and production to distribution and retail processes.

Fad International Co Headlines

No Headlines