Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Accounts Receivable : $129 Mil (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Kratos Defense & Security Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kratos Defense & Security Solutions's accounts receivables for the quarter that ended in Dec. 2023 was $129 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kratos Defense & Security Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kratos Defense & Security Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.16.

Kratos Defense & Security Solutions Accounts Receivable Historical Data

The historical data trend for Kratos Defense & Security Solutions'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.

Kratos Defense & Security Solutions Accounts Receivable Chart

Kratos Defense & Security Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

84.70

95.20

93.80

105.50

128.70

Kratos Defense & Security Solutions Quarterly Data
	Mar19	Jun19	Sep19	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															105.50	143.90	115.70	128.20	128.70

Kratos Defense & Security Solutions Accounts Receivable Calculation

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

Kratos Defense & Security Solutions 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.

Kratos Defense & Security Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	128.7	/	273.8	*	91
=	42.89

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

Kratos Defense & Security Solutions'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)
=	(72.8	+	0.75 * 128.7	+	0.5 * 156.2	-	634
-	0	-	22.5)	/	129.287
=	-3.16

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.

Kratos Defense & Security Solutions Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Kratos Defense & Security Solutions's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Kratos Defense & Security Solutions Inc (NAS:KTOS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

WF5A:Germany WF5A:Germany

Address

1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681

Website

https://www.kratosdefense.com

Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.

Executives

Phillip D Carrai	officer: President, TTS Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Deanna Hom Lund	officer: Senior Vice President & CFO	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Steven S. Fendley	officer: President, US Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Mills Thomas E Iv	officer: Modular Systems Div. President	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Marie Mendoza	officer: VP & General Counsel	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Stacey G Rock	officer: President, KTT Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Bradley L Boyd	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Daniel J Hagen	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Benjamin M. Goodwin	officer: President, PSS Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jonah Adelman	officer: Pres., Microwave Elec. Div.	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jane Elizabeth Judd	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Cervantes De Burgreen Maria	officer: VP & Corporate Controller	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Samuel N Liberatore	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Eric M Demarco	director, officer: President & CEO	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Scott I Anderson	director	C/O KRATOS DEFENSE & SECURITY SOLUTIONS, 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131