GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Andrew Peller Ltd (TSX:ADW.A) » Definitions » Accounts Receivable

Andrew Peller (TSX:ADW.A) Accounts Receivable : C$23.5 Mil (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Andrew Peller Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Andrew Peller's accounts receivables for the quarter that ended in Dec. 2023 was C$23.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Andrew Peller's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 21.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Andrew Peller's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-4.08.


Andrew Peller Accounts Receivable Historical Data

The historical data trend for Andrew Peller'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.

Andrew Peller Accounts Receivable Chart

Andrew Peller Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.80 34.10 28.90 27.38 25.30

Andrew Peller Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 41.73 25.30 29.20 46.10 23.47

Andrew Peller Accounts Receivable Calculation

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


Andrew Peller 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.

Andrew Peller's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.472/100.192*91
=21.38

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

Andrew Peller's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.869+0.75 * 23.472+0.5 * 193.309-294.11
-0-0)/43.3878
=-4.08

* 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.


Andrew Peller Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Andrew Peller's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Andrew Peller (TSX:ADW.A) Business Description

Traded in Other Exchanges
Address
697 South Service Road, Grimsby, ON, CAN, L3M 4E8
Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company's brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.

Andrew Peller (TSX:ADW.A) Headlines

No Headlines