MasTec (MasTec) Accounts Receivable

: $1,370 Mil (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MasTec's accounts receivables for the quarter that ended in Dec. 2023 was $1,370 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MasTec's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 38.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MasTec's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-63.78.

MasTec Accounts Receivable Historical Data

The historical data trend for MasTec'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.

MasTec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

850.30

784.50

1,019.30

1,399.70

1,370.10

MasTec Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																1,399.70	1,372.05	1,485.20	1,542.90	1,370.10

MasTec Accounts Receivable Calculation

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

MasTec 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1370.1	/	3280.083	*	91
=	38.12

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

MasTec'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)
=	(529.561	+	0.75 * 1370.1	+	0.5 * 108.146	-	6652.25
-	0	-	15.109)	/	79.2801
=	-63.78

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.

MasTec Accounts Receivable Related Terms

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

MasTec (MasTec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (NYSE:MTZ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

MY8:Germany

Address

800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134

Website

https://www.mastec.com

MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.

Executives

Paul Dimarco	officer: CFO	800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134
Timothy Michael Love	officer: CAO	8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923
Ava L Parker	director	1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
Ernst N Csiszar	director	2600 S RIVER ROAD, DES PLAINES IL 60018
Robert E Apple	officer: Chief Operations Officer	800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
C Robert Campbell	officer: EVP & CFO	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
De Cardenas Alberto I	officer: Executive Vice President	800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134
George Pita	officer: CFO	3000 NW 107TH AVENUE, MIAMI FL 33172
Robert J Dwyer	director	880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Jose S Sorzano	director	AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207
Julia L Johnson	director	NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711
Javier Alberto Palomarez	director	3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022
Jorge Mas	director, 10 percent owner	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Jose Ramon Mas	director, officer: EVP	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Daniel A Restrepo	director	C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134