GURUFOCUS.COM » STOCK LIST » Technology » Software » C3.ai Inc (NYSE:AI) » Definitions » Accounts Receivable

C3.ai (AI) Accounts Receivable : $173.5 Mil (As of Jan. 2024)


View and export this data going back to 2020. Start your Free Trial

What is C3.ai Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. C3.ai's accounts receivables for the quarter that ended in Jan. 2024 was $173.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. C3.ai's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 201.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. C3.ai's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $5.63.


C3.ai Accounts Receivable Historical Data

The historical data trend for C3.ai'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.

C3.ai Accounts Receivable Chart

C3.ai Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
63.49 30.83 65.46 80.27 134.59

C3.ai Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 143.68 134.59 122.57 143.15 173.48

C3.ai Accounts Receivable Calculation

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


C3.ai 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.

C3.ai's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=173.478/78.401*91
=201.91

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), C3.ai's accounts receivable are only considered to be worth 75% of book value:

C3.ai's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(723.322+0.75 * 173.478+0.5 * 0-165.994
-0-0)/122.049
=5.63

* 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.


C3.ai Accounts Receivable Related Terms

Thank you for viewing the detailed overview of C3.ai's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


C3.ai (AI) Business Description

Industry
Address
1400 Seaport Boulevard, Redwood City, CA, USA, 94063
C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Suite, is a comprehensive application development and runtime environment that is designed to allow customers to rapidly design, develop, and deploy Enterprise AI applications of any type; C3 AI Applications, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed; and C3.ai Ex Machina, analytics for applying data science to every-day business decisions.
Executives
Juho Parkkinen officer: Chief Accounting Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Edward Y Abbo officer: Chief Technology Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Guy Wanger officer: SVP & Chief Admin Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Richard C Levin director C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Ward Jr Stephen M director C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612
Kr Sridhar director 1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Shankar Sastry director C/O C3.AI, INC., 1300 SEAPORT BLVD., SUITE 500, REDWOOD CITY CA 94063
Houman Behzadi officer: Chief Product Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Adeel Manzoor officer: Chief Financial Officer 4655 GREAT AMERICA PARKWAY, SUITE 300, SANTA CLARA CA 95054
Thomas M Siebel director, 10 percent owner, officer: Chief Executive Officer 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
David Barter officer: Senior VP and CFO C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063
Patricia A House director C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Bruce A Cleveland officer: Senior VP and CMO C/O C3.AI, INC., 1300 SEAPORT BLVD, SUITE 500, REDWOOD CITY CA 94063
Lutton Richard J. Jr. officer: Senior VP and General Counsel C/O C3.AI, INC., 1300 SEAPORT BLVD, SUITE 500, REDWOOD CITY CA 94603