Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SRM Entertainment's accounts receivables for the quarter that ended in Mar. 2024 was $0.84 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
SRM Entertainment's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 75.74.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SRM Entertainment's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.23.
SRM Entertainment Accounts Receivable Historical Data
The historical data trend for SRM Entertainment'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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
SRM Entertainment 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.
SRM Entertainment's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), SRM Entertainment's accounts receivable are only considered to be worth 75% of book value:
SRM Entertainment's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:
* 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.
SRM Entertainment Accounts Receivable Related Terms
Thank you for viewing the detailed overview of SRM Entertainment's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
SRM Entertainment (SRM Entertainment) Business Description
SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's worldwide customer bases venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SRM has been successfully added to your