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Broadwind (Broadwind) Accounts Receivable : $19.2 Mil (As of Dec. 2023)


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What is Broadwind Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Broadwind's accounts receivables for the quarter that ended in Dec. 2023 was $19.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Broadwind's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 37.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Broadwind's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.08.


Broadwind Accounts Receivable Historical Data

The historical data trend for Broadwind'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.

Broadwind Accounts Receivable Chart

Broadwind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.31 15.34 13.80 17.02 19.23

Broadwind 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 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 17.02 25.85 28.80 41.25 19.23

Broadwind Accounts Receivable Calculation

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


Broadwind 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.231/46.598*91
=37.66

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

Broadwind'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)
=(1.099+0.75 * 19.231+0.5 * 37.405-79.137
-0-0)/21.5664
=-2.08

* 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.


Broadwind Accounts Receivable Related Terms

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Broadwind (Broadwind) Business Description

Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.
Executives
Sachin M Shivaram director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Thomas A. Wagner director 66 WEYRICK ROAD, TROY NY 12180
Hayes M. Kennedy officer: Chief Human Resources Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Jeanette A. Press director 550 WEST ADAMS STREET, CHICAGO IL 60661
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Eric B. Blashford officer: Pres., Broadwind Towers, Inc. 3240 S. CENTRAL AVE., CICERO IL 60804
Daniel E. Schueller officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Stephanie K Kushner officer: Chief Financial Officer
Thomas A Ciccone officer: VP and Principal Acct Officer 3240 S. CENTRAL AVENUE, CICERO IL 60804
David P Reiland director N49 W13650 CAMPBELL DRIVE, MENOMONEE FALLS WI 53051
Jason Lee Bonfigt officer: VP and Corporate Controller 3240 S. CENTRAL AVE., CICERO IL 60804
Wayne W. Hanna officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Mayo Gilbert W. Jr. officer: Pres., Process Systems 3240 S. CENTRAL AVE., CICERO IL 60804
Joseph V. Reisinger officer: VP, Business Development 3240 S. CENTRAL AVE., CICERO IL 60804