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Decker Manufacturing (Decker Manufacturing) Accounts Receivable : $7.31 Mil (As of Sep. 2023)


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What is Decker Manufacturing Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Decker Manufacturing's accounts receivables for the quarter that ended in Sep. 2023 was $7.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Decker Manufacturing's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 168.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Decker Manufacturing's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $18.77.


Decker Manufacturing Accounts Receivable Historical Data

The historical data trend for Decker Manufacturing'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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Decker Manufacturing Accounts Receivable Chart

Decker Manufacturing Annual Data
Trend
Accounts Receivable

Decker Manufacturing Quarterly Data
Sep22 Sep23
Accounts Receivable - 7.31

Decker Manufacturing Accounts Receivable Calculation

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


Decker Manufacturing 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.

Decker Manufacturing's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.313/3.956*91
=168.68

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

Decker Manufacturing's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(12.217+0.75 * 7.313+0.5 * 11.134-11.802
-0-0)/0.61088
=18.77

* 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.


Decker Manufacturing Accounts Receivable Related Terms

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Decker Manufacturing (Decker Manufacturing) Business Description

Traded in Other Exchanges
N/A
Address
703 North Clark Street, Albion, MI, USA, 49224
Decker Manufacturing Corp is engaged in supplying high-quality fasteners to the automotive, farm implement, highway, and construction industries. Its products include hex nuts, weld nuts, pipe plugs, and other industrial fasteners.

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