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Butterfly Network (Butterfly Network) Accounts Receivable : $13.42 Mil (As of Dec. 2023)


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What is Butterfly Network Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Butterfly Network's accounts receivables for the quarter that ended in Dec. 2023 was $13.42 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Butterfly Network's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 74.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Butterfly Network's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.47.


Butterfly Network Accounts Receivable Historical Data

The historical data trend for Butterfly Network'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.

Butterfly Network Accounts Receivable Chart

Butterfly Network Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 5.75 11.94 14.69 13.42

Butterfly Network Quarterly Data
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 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 14.69 13.48 17.78 13.65 13.42

Butterfly Network Accounts Receivable Calculation

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


Butterfly Network 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.418/16.516*91
=74.13

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

Butterfly Network'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)
=(134.437+0.75 * 13.418+0.5 * 73.022-84.221
-0-0)/207.649
=0.47

* 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.


Butterfly Network Accounts Receivable Related Terms

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Butterfly Network (Butterfly Network) Business Description

Traded in Other Exchanges
N/A
Address
1600 District Avenue, Guilford, Burlington, MA, USA, 01803
Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. Butterfly enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.
Executives
Andrei G Stoica officer: Chief Technology Officer 1000 CEDAR HOLLOW ROAD, MALVERN PA 19355
Heather C Getz officer: EVP & Chief Financial Officer BIOTELEMETRY, INC., 1000 CEDAR HOLLOW ROAD, #102, MALVERN PA 19355
Joseph Devivo director, officer: President & CEO BUTTERFLY NETWORK, INC., 1600 DISTRICT AVENUE, BURLINGTON MA 01803
Lawrence T Weiss officer: CLO, GC and Corp Sec 530 OLD WHITFIELD STREET, GUILFOD CT 06437
John David Martin officer: Chief Medical Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Darius Shahida officer: CSO & CBDO C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 203-689-56
Troy Quander officer: SVP, Regulatory and Quality 530 OLD WHITFIELD STREET, C/O BUTTERFLY NETWORK, INC., GUILFORD CT 06437
Tamara Dillon officer: Chief People Officer 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stephanie Fielding officer: Chief Financial Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Larry Robbins director, 10 percent owner 767 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10153
Mary Miller officer: GC and CS C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stacey Pugh officer: Chief Commercial Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Todd Fruchterman director, officer: President and CEO C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Erica Schwartz director 400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339
David Perri officer: Chief Operating Officer C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101