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AvePoint (AvePoint) Accounts Receivable : $60.5 Mil (As of Dec. 2023)


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What is AvePoint Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AvePoint's accounts receivables for the quarter that ended in Dec. 2023 was $60.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AvePoint's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 73.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AvePoint's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.22.


AvePoint Accounts Receivable Historical Data

The historical data trend for AvePoint'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.

AvePoint Accounts Receivable Chart

AvePoint Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 33.52 37.98 47.05 60.51

AvePoint Quarterly Data
Dec19 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 47.05 35.84 41.73 50.73 60.51

AvePoint Accounts Receivable Calculation

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


AvePoint 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.508/74.624*91
=73.99

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

AvePoint'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)
=(226.883+0.75 * 60.508+0.5 * 0-217.738
-0-14.245)/184.652
=0.22

* 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.


AvePoint Accounts Receivable Related Terms

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AvePoint (AvePoint) Business Description

Traded in Other Exchanges
N/A
Address
525 Washington Boulevard, Suite 1400, Jersey City, NJ, USA, 07310
AvePoint Inc is a Microsoft 365 data management solutions provider, offering a full suite of SaaS solutions to migrate, manage and protect data. Its products include Cloud Products, Hybrid Products; and solutions include Data Protection, Operational Governance, Records & Information Management, Microsoft Teams, SharePoint Online, Exchange Online, OneDrive for Business, Project Online, Planner, Yammer, and Public Folders.
Executives
Brian Michael Brown director, officer: COO and General Counsel C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Sixth Street Partners Management Company, L.p. 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Alan Waxman 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 345 CALIFORNIA STREET, SUITE 2600, SAN FRANCISCO CA 94104
Janet Schijns director 901 E BYRD STREET, SUITE 900, LEGAL DEPARTMENT, RICHMOND VA 23219
Sophia Wu officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Tianyi Jiang director, officer: Chief Executive Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Xunkai Gong director, 10 percent owner, other: Executive Chairman C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
James Caci officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BLVD., SUITE 1400, JERSEY CITY NJ 07310
Zhijian Lu 10 percent owner C/O AVEPOINT, INC., 525 WASHINGTON BLVD, SUITE 1400, JERSEY CITY NJ 07310
Ho John Chi On director C/O JANCHOR PARTNERS, ONE EXCHANGE SQUARE, CENTRAL K3 1608
Jeff Teper director C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Andy Yong officer: Chief Investment Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Stephen Cuunjieng director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
David K Chao director 2420 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Peter W Bell director