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Harte-Hanks (Harte-Hanks) Accounts Receivable : $34.3 Mil (As of Dec. 2023)


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What is Harte-Hanks Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Harte-Hanks's accounts receivables for the quarter that ended in Dec. 2023 was $34.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Harte-Hanks's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 63.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Harte-Hanks's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.14.


Harte-Hanks Accounts Receivable Historical Data

The historical data trend for Harte-Hanks'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.

Harte-Hanks Accounts Receivable Chart

Harte-Hanks 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 38.97 36.02 41.05 39.70 34.31

Harte-Hanks 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 39.70 37.24 36.10 33.30 34.31

Harte-Hanks Accounts Receivable Calculation

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


Harte-Hanks 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=34.313/49.491*91
=63.27

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

Harte-Hanks'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)
=(18.364+0.75 * 34.313+0.5 * 0-102.9
-0-0)/7.22472
=-8.14

* 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.


Harte-Hanks Accounts Receivable Related Terms

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Harte-Hanks (Harte-Hanks) Business Description

Traded in Other Exchanges
Address
1 Executive Drive, Chelmsford, MA, USA, 01824
Harte-Hanks Inc is a customer experience company. The Company operates three business segments: Marketing Services; Customer Care; and Fulfillment & Logistics Services. The company has its geographic presence in United States and Other countries. Majority of the revenue is earned from United States.
Executives
Bradley Louis Radoff director 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Kirk A Davis director, officer: Chief Executive Officer C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Griffin John H Jr director
Brian Linscott officer: Chief Operating Officer 864 N BEVERLY LANE, ARLINGTON HEIGHTS IL 60004
Laurilee Kearnes officer: Chief Financial Officer 9601 MCALLISTER FREEWAY, SUITE 610, SAN ANTONIO TX 78216
Robert T. Wyman officer: General Counsel 2 EAST MAIN STREET, GEORGETOWN MA 01833
David L Copeland director PO BOX 2791, ABILENE TX 79604
Andrew B Benett officer: Chief Executive Officer 1850 N CENTRAL AVENUE, SUITE 1900, PHOENIX AZ 85004-4565
Genevieve Claire Combes director 2000 POWELL STREET, SUITE 300, EMERYVILLE CA 94608
Tobia Alfred Victor Jr. director 767 3RD AVENUE, SUITE 602, NEW YORK NY 10017
Maureen Oconnell director
Evan Behrens director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, P.O. BOX 13038, FORT LAUDERDALE FL 33316
Priore Mark Del officer: Chief Financial Officer C/O SITO MOBILE, LTD., 100 TOWN SQUARE PLACE, SUITE 204, JERSEY CITY NJ 07310
Martin F Reidy director DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Timothy E. Breen director 9601 MCALLISTER FREEWAY, SUITE 610, SAN ANTONIO TX 78216