AXIL Brands (AXIL Brands) Accounts Receivable : $0.72 Mil (As of Feb. 2024)

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What is AXIL Brands Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AXIL Brands's accounts receivables for the quarter that ended in Feb. 2024 was $0.72 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AXIL Brands's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 10.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AXIL Brands's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $0.54.

AXIL Brands Accounts Receivable Historical Data

The historical data trend for AXIL Brands'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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AXIL Brands Accounts Receivable Chart

AXIL Brands Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

Accounts Receivable

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0.08

0.18

0.09

0.11

0.42

AXIL Brands Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Receivable	Get a 7-Day Free Trial															0.46	0.42	0.46	0.95	0.72

AXIL Brands Accounts Receivable Calculation

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

AXIL Brands 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.

AXIL Brands's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.72	/	6.469	*	91
=	10.16

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

AXIL Brands's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=	(4.888	+	0.75 * 0.72	+	0.5 * 3.443	-	3.927
-	0.025	-	0)	/	5.87894
=	0.54

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.

AXIL Brands Accounts Receivable Related Terms

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AXIL Brands (AXIL Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AXIL Brands Inc (AMEX:AXIL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

901 S Fremont Avenue, Unit 158, Alhambra, CA, USA, 91803

Website

https://www.reviveprocare.com

Reviv3 Procare Co is engaged in manufacturing, marketing, sale and distribution of professional quality hair and skin care products under various trademarks and brands. It distributes its trademark products throughout the United States, Canada, Europe and Asia. The company sells hair and skincare products under its brand which includes seven distinct products. The hair care products consist of PREP shampoo, PRIME conditioner, and TREAT maintenance care. BOOST is designed to deliver nutrients and increase circulation to the scalp, MEND Deep Hair Repair Mask for added moisture and PROTECT, a heat protectant product to prevent damage from irons and dryers. The company is engaged in expanding its business-to-business salon sales through its network of domestic and international distributors.

Executives

Nancy Hundt	director	C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON STREET, CITY OF INDUSTRY CA 91748
Jeff Toghraie	director, 10 percent owner, officer: Chairman, CEO	C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON ST, INDUSTRY CA 91748
Monica Diaz Brickell	officer: Chief Financial Officer	901 FREMONT AVE., UNIT 158 AND 168, ALHAMBRA CA 92024
Jeffrey B. Brown	officer: Chief Operating Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Meenu Jain	officer: Chief Financial Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Christopher Go	officer: Chief Financial Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Donald Starace	officer: President	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Intrepid Global Advisors, Inc.	10 percent owner	325 N. MAPLE DRIVE, #5114, BEVERLY HILLS CA 90210
Shircoo, Inc.	10 percent owner	2350 ALLVIEW TERRACE EAST, LOS ANGELES CA 90068