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DLH Holdings (DLH Holdings) Accounts Receivable : $33.6 Mil (As of Mar. 2024)


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What is DLH Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DLH Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $33.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DLH Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 30.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DLH Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.61.


DLH Holdings Accounts Receivable Historical Data

The historical data trend for DLH Holdings'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.

DLH Holdings Accounts Receivable Chart

DLH Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.92 24.60 26.14 32.81 38.58

DLH Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 47.11 48.58 38.58 36.34 33.62

DLH Holdings Accounts Receivable Calculation

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


DLH Holdings 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.

DLH Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=33.622/101.007*91
=30.37

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

DLH Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.238+0.75 * 33.622+0.5 * 0-219.192
-0-0)/14.23
=-13.61

* 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.


DLH Holdings Accounts Receivable Related Terms

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DLH Holdings (DLH Holdings) Business Description

Traded in Other Exchanges
Address
3565 Piedmont Road, NE Building 3, Suite 700, Atlanta, GA, USA, 30305
DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of Veteran Affairs. It is engaged in public health, performance evaluation, and health operations to solve the complex problems faced by civilian and military customers alike, leveraging digital transformation, artificial intelligence, analytics, cloud-based applications, and telehealth systems.
Executives
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Judith L Bjornaas director 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Jacqueline S. Everett officer: Chief Growth Officer 4602 QUARTZ ROCK CT., CHANTILLY VA 20151
Frederick Gerald Wasserman director 4 NOBADEER DRIVE, PENNINGTON NJ 08534
Galeel Maliek Ferebee officer: Chief Human Resources Officer 2659 WINTER MORNING WAY, OLNEY MD 20832
Kathryn M. Johnbull officer: Chief Financial Officer 1776 PEACHTREE STREET, NW, SUITE 300S, ATLANTA GA 30309
Stephen Zelkowicz director C/O SUMMER INFANT, INC., 1275 PARK EAST DRIVE, WOONSOCKET RI 02895
Zachary Parker director, officer: CEO and President TEAMSTAFF, INC., 1 EXECUTIVE DRIVE, SUITE 130, SOMERSET NJ 08873
James P Allen director C/O GRC INTERNATIONAL INC, 1900 GALLOWS RD, VIENNA VA 22182
Jeanine M. Christian officer: Pres. Social&Scientific Sys 523 PICCADILLY ROAD, TOWNSON MD 21204
Kevin Wilson officer: President, DLH Solutions 3525 HIGHWAY 81 S., TEAMSTAFF GOVERNMENT SOLUTIONS, INC., LOGANVILLE GA 30052
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Nelson Obus 10 percent owner
Martin J Delaney director 37 OVERLOOK TRAIL, NEWARK NJ 07950

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