Eastman Kodak Co (Eastman Kodak Co) Accounts Receivable

: $195 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. Eastman Kodak Co's accounts receivables for the quarter that ended in Dec. 2023 was $195 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eastman Kodak Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 64.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eastman Kodak Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.49.

Eastman Kodak Co Accounts Receivable Historical Data

The historical data trend for Eastman Kodak Co'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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Eastman Kodak Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

208.00

177.00

175.00

177.00

195.00

Eastman Kodak Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																177.00	167.00	161.00	191.00	195.00

Eastman Kodak Co Accounts Receivable Calculation

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

Eastman Kodak Co 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	195	/	275	*	91
=	64.70

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

Eastman Kodak Co'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)
=	(255	+	0.75 * 195	+	0.5 * 217	-	1214
-	210	-	0)	/	79.6
=	-11.49

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.

Eastman Kodak Co Accounts Receivable Related Terms

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Eastman Kodak Co (Eastman Kodak Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Eastman Kodak Co (NYSE:KODK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

KODN:Germany

Address

343 State Street, Rochester, NY, USA, 14650

Website

https://www.kodak.com

Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.

Executives

Philippe D Katz	director	160 BROADWAY, NEW YORK NY 10038
David Bovenzi	director	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Michael Sileck	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Randy Vandagriff	officer: Vice President	EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Kennedy Lewis Investment Management Llc	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Lp	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Iii Lp	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kennedy Lewis Gp Iii Llc	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kathleen B. Lynch	director	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Richard T Michaels	officer: CAO and Corp. Controller	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Darren Richman	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
David Chene	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Management Lp	director	225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
Klm Gp Llc	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Investment Holdings Llc	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120