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Tuesday Morning (FRA:TDMA) Accounts Receivable : €0.0 Mil (As of Sep. 2022)


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What is Tuesday Morning Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tuesday Morning's accounts receivables for the quarter that ended in Sep. 2022 was €0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tuesday Morning's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tuesday Morning's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was €-44.90.


Tuesday Morning Accounts Receivable Historical Data

The historical data trend for Tuesday Morning'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.

Tuesday Morning Accounts Receivable Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Accounts Receivable
- - - -

Tuesday Morning Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Tuesday Morning Accounts Receivable Calculation

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


Tuesday Morning 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.

Tuesday Morning's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/158.676*91
=0.00

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

Tuesday Morning's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(6.981+0.75 * 0+0.5 * 133.789-338.352
-0-0)/5.88989
=-44.90

* 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.


Tuesday Morning Accounts Receivable Related Terms

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Tuesday Morning (FRA:TDMA) Business Description

Traded in Other Exchanges
N/A
Address
6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.

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