Dana (DAN) Accounts Receivable

: $1,371 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dana's accounts receivables for the quarter that ended in Dec. 2023 was $1,371 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dana's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 50.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dana's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-27.67.

Dana Accounts Receivable Historical Data

The historical data trend for Dana'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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Dana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

1,103.00

1,201.00

1,321.00

1,374.00

1,371.00

Dana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																1,374.00	1,624.00	1,581.00	1,562.00	1,371.00

Dana Accounts Receivable Calculation

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

Dana 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1371	/	2494	*	91
=	50.16

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

Dana'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)
=	(529	+	0.75 * 1371	+	0.5 * 1676	-	6137
-	0	-	253)	/	144.386
=	-27.67

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.

Dana Accounts Receivable Related Terms

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Dana (DAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dana Inc (NYSE:DAN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

4DH:Germany

Address

3939 Technology Drive, Maumee, OH, USA, 43537

Website

https://www.dana.com

Dana Inc is engaged in the designing and manufacturing of efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company's portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. From axles, driveshafts, transmissions, sealing, and thermal products to electrifications products including motors, inverters, controllers, e-sealing, e-thermal and digital solutions The company operates in four reportable segments Light Vehicle Drive Systems, Commercial Vehicle Drive & Motion Systems, Off-Highway Drive & Motion Systems, and Power Technologies. The maximum revenue is derived from the Light Vehicle Drive Systems segment.

Executives

Jeroen Decleer	officer: SVP & Pres Off-Highway Drive	GEMENEWEIDEWEG-NOORD 18, BRUGGE C9 8310
Aziz Aghili	officer: Pres Off-Hwy Technologies & AP	5706 KIRKRIDGE TRAIL, ROCHESTER HILLS MI 48306
James D Kellett	officer: VP & Chief Accounting Officer	3946 WRENS NEST BLVD, MAUMEE OH 43537
James Kevin Kamsickas	director, officer: President & CEO	44011 CYPRESS POINT DRIVE, NORTHVILLE MI 48168
Byron S Foster	officer: Pres, Light Veh Drive Systems	30 ISABELLA ST., PITTSBURGH PA 15212
Brett Icahn	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Gaoxiang Hu	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Ernesto M Hernandez	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Timothy R Kraus	officer: SVP & Chief Financial Officer	812, PILGRAM AVENUE, BIRMINGHAM MI 48009
Robert D Pyle	officer: Pres, Light Vehicle Driveline	3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Jonathan Mark Collins	officer: SVP & Chief Financial Officer	50196 VENICE COURT, NORTHVILLE MI 48168
Ryan Laskey	officer: SVP - Commercial Veh Drive	9332 CRISTAL MARIE CT, TEMPERANCE MI 48182
Antonio Valencia	officer: Pres. Power Technologies Group	3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Keith E Wandell	director
Bridget E Karlin	director	3 TALL TREE LANE, PLEASANTVILLE NY 10570