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GETY (Getty Images Holdings) Accounts Receivable : $138.4 Mil (As of Mar. 2024)


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What is Getty Images Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Getty Images Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $138.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Getty Images Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 56.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Getty Images Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.19.


Getty Images Holdings Accounts Receivable Historical Data

The historical data trend for Getty Images Holdings'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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Getty Images Holdings Accounts Receivable Chart

Getty Images Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
130.61 143.36 129.60 138.73

Getty Images Holdings Quarterly Data
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 135.20 121.66 126.17 138.73 138.44

Getty Images Holdings Accounts Receivable Calculation

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


Getty Images Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=138.441/222.278*91
=56.83

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

Getty Images Holdings'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)
=(134.198+0.75 * 138.441+0.5 * 0-1896.308
-0-48.337)/407.304
=-4.19

* 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.


Getty Images Holdings Accounts Receivable Related Terms

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Getty Images Holdings Business Description

Traded in Other Exchanges
N/A
Address
605 5th Avenue South, Suite 400, Seattle, WA, USA, 98104
Getty Images Holdings Inc is engaged in the core mission of bringing the world's creative and editorial visual content solutions to its customers to engage their audiences. the company has developed market enhancements across e-commerce, content subscriptions, user-generated content, diverse and inclusive content, and proprietary research alongside investment in its technology platform, which includes artificial intelligence and machine learning-driven search functionality and image editing and integrated APIs, to become a trusted industry leader in the visual content. Geographically the company operates in the Americas, Europe, the Middle East, Africa, and Asia-Pacific, out of which a majority of its revenue is generated from the Americas.
Executives
Jonathan Gear director C/O IHS MARKIT LTD., 4TH FLOOR, ROPEMAKE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
James Quella director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08822
Jason K Giordano officer: Executive VP, Corp. Develop. 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Joel Alsfine director 2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Douglas Newton officer: Executive VP, Corp. Develop. 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Ii Sponsor Llc 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166