Equifax (Equifax) Accounts Receivable

: $908 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Equifax's accounts receivables for the quarter that ended in Dec. 2023 was $908 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Equifax's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 62.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Equifax's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-55.54.

Equifax Accounts Receivable Historical Data

The historical data trend for Equifax'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.

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Equifax Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

532.10

630.60

727.60

857.70

908.20

Equifax Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																857.70	919.50	935.90	967.90	908.20

Equifax Accounts Receivable Calculation

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

Equifax 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	908.2	/	1326.5	*	91
=	62.48

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

Equifax'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)
=	(216.8	+	0.75 * 908.2	+	0.5 * 0	-	7592.5
-	0	-	153.4)	/	123.3
=	-55.54

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.

Equifax Accounts Receivable Related Terms

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Equifax (Equifax) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Equifax Inc (NYSE:EFX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

EFX:Germany EFX:Germany EFX:Austria

Address

1550 Peachtree Street N.W., Atlanta, GA, USA, 30309

Website

https://www.equifax.com

Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.

Executives

Kelley John J Iii	officer: CVP & CLC	1550 PEACHTREE STREET, NW, ATLANTA GA 30309
Julia A Houston	officer: Chief Transformation Officer	1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Rodolfo O Ploder	officer: Group Executive	C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Bryson R Koehler	officer: Chief Technology Officer	1550 PEACHTREE STREET NW, ATLANTA GA 30309
Mark W Begor	director, officer: CEO	181 METRO DRIVE, SAN JOSE CA 95110
Melissa D Goodwin	director	C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Gamble John W Jr	officer: CVP & CFO	ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
James M Griggs	officer: SVP & Corp Controller	1550 PEACHTREE STREET NW, ATLANTA GA 30309
Carla Chaney	officer: CVP & Chief HR Officer	5302 LAKE VIEW CLUB, DUNWOODY GA 30338
Todd Michael Horvath	officer: EVP, President USIS	EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Karen Linn Fichuk	director	EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Lisa M Nelson	officer: President-International	EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Sid Singh	officer: President - USIS	1550 PEACHTREE STREET NW, ATLANTA GA 30309
Prasanna Dhore	officer: Chief Data & Analytics Officer	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Audrey B Tillman	director	1932 WYNNTON RD, COLUMBUS GA 31999