Materion (Materion) Accounts Receivable : $193 Mil (As of Dec. 2023)

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What is Materion Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Materion's accounts receivables for the quarter that ended in Dec. 2023 was $193 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Materion's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 41.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Materion's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-24.17.

Materion Accounts Receivable Historical Data

The historical data trend for Materion'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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Materion Accounts Receivable Chart

Materion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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154.75

166.45

213.82

215.21

192.75

Materion 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															215.21	208.00	188.17	186.18	192.75

Materion Accounts Receivable Calculation

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

Materion 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	192.747	/	421.043	*	91
=	41.77

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

Materion'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)
=	(13.294	+	0.75 * 192.747	+	0.5 * 441.597	-	877.673
-	0	-	0)	/	20.646
=	-24.17

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.

Materion Accounts Receivable Related Terms

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Materion (Materion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Materion Corp (NYSE:MTRN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BEM:Germany

Address

6070 Parkland Boulevard, Mayfield Heights, OH, USA, 44124

Website

https://www.materion.com

Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials.

Executives

Gregory R. Chemnitz	officer: Vice President General Counsel	6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Emily M Liggett	director
John M Zaranec	officer: Chief Accounting Officer	6070 PARKLAND BLVD, MAYFIELD HTS OH 44124
Craig S Shular	director	C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Shelly Marie Chadwick	officer: Vice President, Finance & CFO	6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Vinod M Khilnani	director	905 WEST BLVD NORTH, ELKHART IN 46514
Patrick M. Prevost	director	C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Joseph P Kelley	officer: Vice President, Finance & CFO	6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Robert J Phillippy	director
Joseph P Keithley	director	NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
Richard J Hipple	officer: President of Alloy Products	10035 HUNTING DRIVE, BRECKSVILLE OH 44141
N Mohan Reddy	director	MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Jugal K. Vijayvargiya	officer: President and CEO	C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
John D Grampa	officer: VP Finance, CFO	MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
William B Lawrence	director	7875 OLD MILL RD, GATES MILLS OH 44040