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Boxlight (Boxlight) Accounts Receivable : $26.5 Mil (As of Mar. 2024)


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What is Boxlight Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boxlight's accounts receivables for the quarter that ended in Mar. 2024 was $26.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Boxlight's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 65.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boxlight's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-8.39.


Boxlight Accounts Receivable Historical Data

The historical data trend for Boxlight'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.

Boxlight Accounts Receivable Chart

Boxlight 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 3.67 20.87 29.57 31.01 29.52

Boxlight 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 33.55 37.64 40.42 29.52 26.52

Boxlight Accounts Receivable Calculation

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


Boxlight 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.519/37.093*91
=65.24

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

Boxlight'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)
=(11.812+0.75 * 26.519+0.5 * 39.155-133.301
-0-0)/9.77772
=-8.39

* 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.


Boxlight Accounts Receivable Related Terms

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Boxlight (Boxlight) Business Description

Traded in Other Exchanges
N/A
Address
2750 Premiere Parkway No. 900, Duluth, GA, USA, 30097
Boxlight Corp is a technology company that develops, sells and services interactive solutions predominantly for the education market, but also for the corporate and government sectors. The company currently designs, produces and distributes interactive technologies including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras and other peripherals for the education market and non-interactive solutions including flat panels, LED video walls and digital signage. The company also distributes science, technology, engineering and math (or STEM) products, including 3D printing and robotics solutions, and a portable science lab.
Executives
Mark Starkey officer: President C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Shaun Marklew officer: Chief Technology Officer C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope director, officer: Chief Executive Officer 1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Greg Wiggins officer: Chief Financial Officer C/O BOXLIGHT CORPORATION, 2750 PREMIER PARKWAY, SUITE 900, DULUTH GA 30097
Henry Nance officer: Chief Operating Officer C/O BOXLIGHT CORPORATION, AT 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
James Mark Elliott director C/O BOXLIGHT CORP., 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Dale Strang director C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Patrick Foley officer: Chief Financial Officer C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Rudolph F. Crew director C/O BOXLIGHT CORP., 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Tiffany Kuo director C/O BOXLIGHT CORPORATION, AT 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Charles P. Amos director C/O BOXLIGHT CORPORATION, 1045 PROGRESS CRICLE, LAWRENCEVILLE GA 30043
Roger Wayne Jackson director 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
K Laser Technology Inc. 10 percent owner 1 LI HSIN RD. VI, SCIENCE-BASED INDUSTRIAL PARK, HSINCHU F5 300
Daniel Leis officer: Senior VP Marketing C/O BOXLIGHT CORPORATION, 1045 PROGRESS CRICLE, LAWRENCEVILLE GA 30043
James Lindsey Clark director 1819 DANFORTH DRIVE, MARIETTA GA 30062