GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » KKR & Co Inc (NYSE:KKR) » Definitions » Accounts Receivable
中文

KKR (KKR) Accounts Receivable : $244 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is KKR Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KKR's accounts receivables for the quarter that ended in Dec. 2023 was $244 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KKR's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 5.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KKR's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-309.49.


KKR Accounts Receivable Historical Data

The historical data trend for KKR'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.

KKR Accounts Receivable Chart

KKR 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 26.89 75.70 167.66 167.67 243.74

KKR 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 167.67 173.12 277.02 207.70 243.74

KKR Accounts Receivable Calculation

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


KKR 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=243.738/4372.746*91
=5.09

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

KKR'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)
=(20348.567+0.75 * 243.738+0.5 * 0-258915.282
-0-35520.218)/885.006
=-309.49

* 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.


KKR Accounts Receivable Related Terms

Thank you for viewing the detailed overview of KKR's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


KKR (KKR) Business Description

Traded in Other Exchanges
Address
30 Hudson Yards, New York, NY, USA, 10001
KKR is one of the world's largest alternative asset managers, with $518.5 billion in total assets under management, including $420.0 billion in fee-earning AUM, at the end of June 2023. The company has two core segments: asset management (which includes private markets—private equity, credit, infrastructure, energy, and real estate—and public markets—primarily credit and hedge/investment fund platforms) and insurance (following the October 2020 purchase of a 61.5% economic stake in Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance). On the asset management side, private markets account for 50% of fee-earning AUM and 70% of base management fees, while public markets account for 50% and 30%, respectively.
Executives
Kimberly A. Ross director C/O AVON PRODUCTS,INC., 1345 AVENUE OF THE AMERICAS`, NEW YORK NY 10105-0196
David Sorkin officer: General Counsel and Secretary C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10019
Kathryn King Sudol officer: General Counsel and Secretary C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
Matt Cohler director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Ryan Stork officer: Chief Operating Officer 30 HUDSON YARDS, NEW YORK NY 10001
Henry R Kravis director, 10 percent owner, officer: Co-Chairman and Co-CEO C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
George R Roberts director, 10 percent owner, officer: Co-Chairman and Co-CEO C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 2800 SAND HILL ROAD, MENLO PARK CA 94025
Evan Spiegel director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Adriane M Brown director 3150 139TH AVENUE S.E., BELLEVUE WA 98040
Arturo Gutierrez director C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
Dane E Holmes director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Robert W Scully director C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
John B Hess director C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert H Lewin officer: Chief Financial Officer C/O KKR & CO. INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019

KKR (KKR) Headlines