Mastercard (Mastercard) Accounts Receivable

: $4,060 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. Mastercard's accounts receivables for the quarter that ended in Dec. 2023 was $4,060 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mastercard's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 56.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mastercard's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-24.94.

Mastercard Accounts Receivable Historical Data

The historical data trend for Mastercard'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.

Mastercard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

2,514.00

2,646.00

3,006.00

3,425.00

4,060.00

Mastercard Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																3,425.00	3,511.00	3,763.00	3,925.00	4,060.00

Mastercard Accounts Receivable Calculation

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

Mastercard 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4060	/	6548	*	91
=	56.58

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

Mastercard'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)
=	(9180	+	0.75 * 4060	+	0.5 * 0	-	35451
-	0	-	68)	/	934
=	-24.94

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.

Mastercard Accounts Receivable Related Terms

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Mastercard (Mastercard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mastercard Inc (NYSE:MA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

MA:Peru MA:Mexico 1MA:Italy M4Id:UK 0R2Z:UK M4I0:Germany M4I:Germany M4I:Germany M4I:Germany M4I:Germany MA:Canada MSCD34:Brazil MAST:Austria

Address

2000 Purchase Street, Purchase, NY, USA, 10577

Website

https://www.mastercard.com

Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Executives

Ajay Bhalla	officer: President Cyber & Intelligence	2000 PURCHASE STREET, PURCHASE NY 10577
Craig Vosburg	officer: President, North America	2000 PURCHASE STREET, PURCHASE NY 10577
Edward Grunde Mclaughlin	officer: President, Operations & Tech	2000 PURCHASE STREET, PURCHASE NY 10577
Foundation Mastercard	10 percent owner	250 YONGE STREET, SUITE 2400, TORONTO A6 M5B 2L7
Richard K Davis	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
J. Mehra Sachin	officer: Chief Financial Officer	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hai Ling	officer: Co-President, Intl Markets	2000 PURCHASE STREET, PURCHASE NY 10577
Timothy H Murphy	officer: General Counsel	2000 PURCHASE STREET, PURCHASE NY 10577
Raj Seshadri	officer: President, Data & Services	880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Raghuvir Malhotra	officer: Co-President, Intl Markets	2000 PURCHASE STREET, PURCHASE NY 10577
Michael Miebach	officer: Chief Product Officer	2000 PURCHASE STREET, PURCHASE NY 10577
Linda Pistecchia Kirkpatrick	officer: President, North America	2000 PURCHASE STREET, PURCHASE NY 10577
Harit Talwar	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Sandra A Arkell	officer: Controller	3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Candido Bracher	director	2000 PURCHASE STREET, PURCHASE NY 10577