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Sears Holdings (Sears Holdings) Accounts Receivable : $354.00 Mil (As of Oct. 2018)


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What is Sears Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sears Holdings's accounts receivables for the quarter that ended in Oct. 2018 was $354.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sears Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2018 was 11.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sears Holdings's Net-Net Working Capital per share for the quarter that ended in Oct. 2018 was $N/A.


Sears Holdings Accounts Receivable Historical Data

The historical data trend for Sears 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.

Sears Holdings Accounts Receivable Chart

Sears Holdings Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 553.00 429.00 419.00 466.00 343.00

Sears Holdings Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Oct19
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 343.00 345.00 327.00 354.00 64.00

Sears Holdings Accounts Receivable Calculation

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


Sears 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.

Sears Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=354/2742*91
=11.78

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

Sears Holdings's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2018 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)
=(436+0.75 * 354+0.5 * 2324-11988
-0-0)/0
=N/A

* 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.


Sears Holdings Accounts Receivable Related Terms

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Sears Holdings (Sears Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3333 Beverly Road, Hoffman Estates, IL, USA, 60179
Sears Holdings Corporation is an America-based retailer that integrates the digital and physical shopping experiences for consumers. The company operates through retail store brands Sears and Kmart. Sears provides a broad range of home merchandise, apparel, automotive products and home services through both online and offline channels across the United States, and it owns proprietary brands, including Kenmore, Craftsman, and DieHard. Kmart is a mass merchandising firm, offering quality products to customers through exclusive brands. The majority of the company's revenue comes from the domestic market.

Sears Holdings (Sears Holdings) Headlines