Barnes Group (Barnes Group) Accounts Receivable : $354 Mil (As of Dec. 2023)

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What is Barnes Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Barnes Group's accounts receivables for the quarter that ended in Dec. 2023 was $354 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Barnes Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 77.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Barnes Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-27.78.

Barnes Group Accounts Receivable Historical Data

The historical data trend for Barnes Group'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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Barnes Group Accounts Receivable Chart

Barnes Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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348.97

251.46

262.26

291.88

353.92

Barnes Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															291.88	297.90	311.98	348.46	353.92

Barnes Group Accounts Receivable Calculation

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

Barnes Group 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.

Barnes Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	353.923	/	415.542	*	91
=	77.72

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

Barnes Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(89.827	+	0.75 * 353.923	+	0.5 * 365.221	-	1945.751
-	0	-	0)	/	50.6866
=	-27.78

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.

Barnes Group Accounts Receivable Related Terms

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Barnes Group (Barnes Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Barnes Group Inc (NYSE:B) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BG4:Germany

Address

123 Main Street, Bristol, CT, USA, 06010

Website

https://www.onebarnes.com

Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.

Executives

Mylle H Mangum	director	3231 S E SIXTH AVENUE, TOPEKA KS 66607
Thomas O Barnes	director	C/O BARNES GROUP INC, PO BOX 489, BRISTOL CT 06011-0489
Hans-peter Manner	director	123 MAIN STREET, BRISTOL CT 06010
Marian Acker	officer: VP, Controller	123 MAIN STREET, BRISTOL CT 06010
Jay B Knoll	officer: SVP, Gen. Counsel & Secretary	2225 W CHANDLER BLVD, CHANDLER AZ 85224
Thomas J Hook	director	810 INNOVATION DR, KNOXVILLE TN 37932
Elijah Kent Barnes	director	123 MAIN STREET, BRISTOL CT 06010
Neal J Keating	director	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Julie K Streich	officer: SVP, Finance and CFO	123 MAIN STREET, BRISTOL CT 06010
Dawn N Edwards	officer: SVP, Human Resources	123 MAIN STREET, BRISTOL CT 06010
Richard J Hipple	director	10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Ian Malcolm Reason	officer: SVP, BGI; Pres., Barnes Aero	C/O BARNES GROUP INC., 123 MAIN STREET, BRISTOL CT 06010
Michael Andrew Beck	officer: SVP, BGI; Pres., Barnes Aero	123 MAIN STREET, BRISTOL CT 06010
Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Lukas Hovorka	officer: SVP, Corporate Development	123 MAIN STREET, BRISTOL CT 06010