BowFlex (BowFlex) Accounts Receivable : $26.1 Mil (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is BowFlex Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BowFlex's accounts receivables for the quarter that ended in Dec. 2023 was $26.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BowFlex's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 35.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BowFlex's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.74.

BowFlex Accounts Receivable Historical Data

The historical data trend for BowFlex'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.

BowFlex Accounts Receivable Chart

BowFlex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Mar21

Mar22

Mar23

Accounts Receivable

Get a 7-Day Free Trial

54.60

91.22

88.66

61.45

21.49

BowFlex 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															42.67	21.49	13.23	24.19	26.08

BowFlex Accounts Receivable Calculation

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

BowFlex 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26.076	/	67.566	*	91
=	35.22

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

BowFlex'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)
=	(15.943	+	0.75 * 26.076	+	0.5 * 54.327	-	125.956
-	0	-	0)	/	36.405
=	-1.74

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.

BowFlex Accounts Receivable Related Terms

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

BowFlex (BowFlex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BowFlex Inc (OTCPK:BFXXQ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

DF3:Germany

Address

17750 S.E. 6th Way, Vancouver, WA, USA, 98683

Website

https://www.nautilusinc.com

BowFlex Inc is a company who operates under the brand name for a series of fitness training equipment marketed and sold by Nautilus. The product's lineup consists of indoor cycling bikes, Max Trainers, Home Gyms, treadmills, adjustable dumbbells, and more.

Executives

Jeffery Lynn Collins	officer: VP & GM, Intr./Comm. Specialty	C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Jay Mcgregor	officer: VP & GM, Retail	C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Becky L. Alseth	officer: Chief Marketing Officer	C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Ruby Sharma	director	24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Marvin G Siegert	director	16400 SE NAUTILUS DRIVE, VANCOUVER WA 98683
Sarah Anne Jones	officer: Principal Accounting Officer	C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Shailesh Prakash	director	17750 SE 6TH WAY, VANCOUVER WA 98683
Kelley Hall	director	C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Jim Barr	director, officer: Chief Executive Officer	C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Alan Lop-gate Chan	officer: Chief Legal Officer	C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Johnson Carl M Iii	director	17750 SE 6TH WAY, VANCOUVER WA 98683
Patricia M. Ross	director	17750 S.E. 6TH WAY, VANCOUVER WA 98683
John R. Goelz	officer: Chief Supply Chain Officer	C/O NAUTILUS, INC, 17750 SE 6TH WAY, VANCOUVER WA 98683
Wayne M Bolio	officer: Sr. VP, Law/General Counsel	C/O THE NAUTILUS GROUP INC, 1400 N.E. 136TH AVE, VANCOUVER WA 98684
Ellen Raim	officer: Chief People Officer	CASCADE MICROTECH INC., 9100 SW GEMINI DRIVE, BEAVERTON OR 97008