Compass Diversified Holdings (Compass Diversified Holdings) Accounts Receivable : $338.31 Mil (As of Mar. 2024)

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What is Compass Diversified Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Compass Diversified Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $338.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Compass Diversified Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 58.88.

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

Compass Diversified Holdings Accounts Receivable Historical Data

The historical data trend for Compass Diversified 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.

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Compass Diversified Holdings Accounts Receivable Chart

Compass Diversified Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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191.41

206.73

277.71

297.72

318.24

Compass Diversified 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															326.74	296.29	349.84	318.24	338.31

Compass Diversified Holdings Accounts Receivable Calculation

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

Compass Diversified 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.

Compass Diversified 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
=	338.31	/	524.29	*	91
=	58.88

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

Compass Diversified 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)
=	(64.715	+	0.75 * 338.31	+	0.5 * 788.809	-	2370.818
-	304.745	-	242.94)	/	0
=	N/A

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.

Compass Diversified Holdings Accounts Receivable Related Terms

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Compass Diversified Holdings (Compass Diversified Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Compass Diversified Holdings (NYSE:CODIpB.PFD) » Definitions » Accounts Receivable

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Traded in Other Exchanges

CODIpC.PFD:USA CODIpA.PFD:USA CODI:USA

Address

301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880

Website

https://compassdiversified.com

Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and niche industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Niche industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. It includes Advanced Circuits, Arnold, Foam Fabricators, and Sterno. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.