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Boot Barn Holdings (Boot Barn Holdings) Accounts Receivable : $10 Mil (As of Mar. 2024)


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What is Boot Barn Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boot Barn Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Boot Barn Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 2.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boot Barn Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-12.49.


Boot Barn Holdings Accounts Receivable Historical Data

The historical data trend for Boot Barn Holdings'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.

Boot Barn Holdings Accounts Receivable Chart

Boot Barn Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.09 12.77 9.66 13.15 9.96

Boot Barn Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.15 11.80 9.32 10.38 9.96

Boot Barn Holdings Accounts Receivable Calculation

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


Boot Barn Holdings 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.

Boot Barn Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.964/388.459*91
=2.34

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

Boot Barn Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(75.847+0.75 * 9.964+0.5 * 599.12-761.949
-0-0)/30.344
=-12.49

* 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.


Boot Barn Holdings Accounts Receivable Related Terms

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Boot Barn Holdings (Boot Barn Holdings) Business Description

Traded in Other Exchanges
Address
15345 Barranca Parkway, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites.
Executives
James M Watkins officer: CFO and Secretary 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
James Grant Conroy director, officer: President and CEO 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Michael A Love officer: Senior Vice President Stores 4 CENTAURUS WAY, COTO DE CAZA CA 92679
Laurie Marie Grijalva officer: Chief Merchandising Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
John Hazen officer: Chief Digital Officer 14852 VANGUARD, HUNTINGTON BEACH CA 92647
Gregory V. Hackman officer: Chief Financial Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Peter Starrett director
Chris Bruzzo director 411 FIRST AVE., SOUTH, SUITE 700, SEATTLE WA 98104
Anne Macdonald director 200 CARILLON PARKWAY, ST PETERSBURG FL 33716
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Gene Eddie Burt director 19601 N 27TH AVE, PHOENIX AZ 85027
Bradley Morgan Weston director 7644 PEPITA WAY, LA JOLLA CA 92037
Lisa Laube director 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Fs Equity Partners Vi, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025