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Fiserv (Fiserv) Accounts Receivable : $3,574 Mil (As of Mar. 2024)


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What is Fiserv Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fiserv's accounts receivables for the quarter that ended in Mar. 2024 was $3,574 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fiserv's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 66.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fiserv's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-103.45.


Fiserv Accounts Receivable Historical Data

The historical data trend for Fiserv'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.

Fiserv Accounts Receivable Chart

Fiserv 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 2,782.00 2,482.00 2,860.00 3,585.00 3,582.00

Fiserv Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,340.00 3,465.00 3,461.00 3,582.00 3,574.00

Fiserv Accounts Receivable Calculation

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


Fiserv 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.

Fiserv's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3574/4883*91
=66.79

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

Fiserv's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(596+0.75 * 3574+0.5 * 0-63115
-0-782)/586
=-103.45

* 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.


Fiserv Accounts Receivable Related Terms

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Fiserv (Fiserv) Business Description

Address
255 Fiserv Drive, Brookfield, WI, USA, 53045
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for U.S. banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.
Executives
Suzan Kereere officer: EVP, Head of GBS 255 FISERV DRIVE, BROOKFIELD WI 53045
Robert W. Hau officer: Chief Financial Officer 255 FISERV DRIVE, BROOKFIELD WI 53045
Christopher M Foskett officer: EVP, Global Sales C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Guy Chiarello officer: Chief Administrative Officer 225 LIBERTY STREET, 29TH FLOOR, NEW YORK NY 10281
Kenneth Best officer: Chief Accounting Officer 255 FISERV DRIVE, BROOKFIELD WI 53045
Charlotte Yarkoni director 255 FISERV DRIVE, BROOKFIELD WI 53045
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Harry Disimone director 18 HICKORY DRIVE, OLD BROOKVILLE NY 11545
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Ii, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Va Partners I, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Dylan G. Haggart director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129

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