Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Whole Foods Market's accounts receivables for the quarter that ended in Jun. 2017 was $246 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Whole Foods Market's Days Sales Outstanding for the quarter that ended in Jun. 2017 was 6.03.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Whole Foods Market's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-5.40.
Whole Foods Market Accounts Receivable Historical Data
The historical data trend for Whole Foods Market'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.
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.
Whole Foods Market's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Whole Foods Market's accounts receivable are only considered to be worth 75% of book value:
Whole Foods Market's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is calculated as:
* 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.
Whole Foods Market Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Whole Foods Market's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Whole Foods Market (Whole Foods Market) Business Description
Whole Foods Market is the world's leading retailer of natural and organic foods by units and is the first certified organic grocer in the United States. Whole Foods' only operating segment consists of natural and organic foods supermarkets. As of fiscal 2016, the company had 456 stores in the United States, Canada, and the United Kingdom. The average store size is about 39,000 square feet. About 15% of the company's sales were derived from the sale of private-label products. The company announced a pending acquisition by Amazon in June 2017.
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