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Universal Stainless & Alloy Products (Universal Stainless & Alloy Products) Accounts Receivable : $39.0 Mil (As of Dec. 2023)


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What is Universal Stainless & Alloy Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Universal Stainless & Alloy Products's accounts receivables for the quarter that ended in Dec. 2023 was $39.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Universal Stainless & Alloy Products's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Universal Stainless & Alloy Products's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.12.


Universal Stainless & Alloy Products Accounts Receivable Historical Data

The historical data trend for Universal Stainless & Alloy Products'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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Universal Stainless & Alloy Products Accounts Receivable Chart

Universal Stainless & Alloy Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.60 18.10 21.19 30.96 39.03

Universal Stainless & Alloy Products 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 30.96 34.19 31.30 36.98 39.03

Universal Stainless & Alloy Products Accounts Receivable Calculation

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


Universal Stainless & Alloy Products 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.

Universal Stainless & Alloy Products's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.034/79.78*91
=44.65

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

Universal Stainless & Alloy Products'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)
=(0.394+0.75 * 39.034+0.5 * 144.7-130.648
-0-0)/9.18531
=-3.12

* 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.


Universal Stainless & Alloy Products Accounts Receivable Related Terms

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Universal Stainless & Alloy Products (Universal Stainless & Alloy Products) Business Description

Traded in Other Exchanges
Address
600 Mayer Street, Bridgeville, PA, USA, 15017
Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
Executives
Udi Toledano director 51 DUFFIELD DRIVE, S. ORANGE NJ 07079
M. David Kornblatt director 1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Judith L Bacchus director 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Christopher L Ayers director 5626 MISSION DRIVE, MISSION HILL KS 66208
Dennis M Oates director, officer: Chairman, President and CEO 600 MAYER STREET, BRIDGEVILLE PA 15017
Steven Ditommaso officer: VP and CFO 600 MAYER STREET, BRIDGEVILLE PA 15017
Wendel Crosby officer: Vice President of Manufacturin 600 MAYER STREET, BRIDGEVILLE PA 15017
Christopher M Zimmer officer: Exec. V. P. & CCO 600 MAYER STREET, BRIDGEVILLE PA 15017
John Arminas officer: VP, Gen. Counsel & Secretary 600 MAYER STREET, BRIDGEVILLE PA 15017
Christopher Thomas Scanlon officer: VP Finance, Treasurer & CFO 415 HOLIDAY DRIVE, PITTSBURGH PA 15520
Graham Mcintosh officer: V. P. Technology & Chief Techn 600 MAYER STREET, BRIDGEVILLE PA 15017
Alyssa H Snider officer: VP & CHRO 600 MAYER STREET, BRIDGEVILLE PA 15017
Paul A Mcgrath officer: V.P. Admin., General Counsel 600 MAYER STREET, BRIDGEVILLE PA 15017
Ross C Wilkin officer: V.P. Finance, CFO & Treasurer 600 MAYER STREET, BRIDGEVILLE PA 15017
Larry J Pollock officer: Exec. V.P. & CMO 600 MAYER STREET, BRIDGEVILLE PA 15017