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Dick's Sporting Goods (FRA:DSG) Accounts Receivable : €147 Mil (As of Apr. 2024)


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What is Dick's Sporting Goods Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dick's Sporting Goods's accounts receivables for the quarter that ended in Apr. 2024 was €147 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dick's Sporting Goods's Days Sales Outstanding for the quarter that ended in Apr. 2024 was 4.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dick's Sporting Goods's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was €-42.21.


Dick's Sporting Goods Accounts Receivable Historical Data

The historical data trend for Dick's Sporting Goods'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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Dick's Sporting Goods Accounts Receivable Chart

Dick's Sporting Goods Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.91 43.64 60.34 66.15 105.46

Dick's Sporting Goods Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 121.10 126.42 133.33 105.46 147.12

Dick's Sporting Goods Accounts Receivable Calculation

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


Dick's Sporting Goods 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.

Dick's Sporting Goods's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=147.121/2813.133*91
=4.77

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

Dick's Sporting Goods's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(1536.94+0.75 * 147.121+0.5 * 2983.47-6540.523
-0-0)/80.5916
=-42.21

* 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.


Dick's Sporting Goods Accounts Receivable Related Terms

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Dick's Sporting Goods (FRA:DSG) Business Description

Traded in Other Exchanges
Address
345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 135 specialty stores under the Golf Galaxy, Moosejaw, and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.

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