Matthews International (Matthews International) Accounts Receivable

: $216 Mil (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Matthews International's accounts receivables for the quarter that ended in Dec. 2023 was $216 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Matthews International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Matthews International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-34.72.

Matthews International Accounts Receivable Historical Data

The historical data trend for Matthews International'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.

Matthews International Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Receivable

318.76

295.19

309.82

221.02

207.53

Matthews International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																221.61	216.14	188.26	207.53	216.40

Matthews International Accounts Receivable Calculation

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

Matthews International 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	216.402	/	449.986	*	91
=	43.88

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

Matthews International'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)
=	(37.921	+	0.75 * 216.402	+	0.5 * 257.836	-	1394.316
-	0	-	0.047)	/	30.682
=	-34.72

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.

Matthews International Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Matthews International's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Matthews International (Matthews International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Matthews International Corp (NAS:MATW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

MW1A:Germany MW1A:Germany

Address

Two Northshore Center, Pittsburgh, PA, USA, 15212-5851

Website

https://www.matw.com

Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.

Executives

Aleta W. Richards	director	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Joseph C Bartolacci	officer: President, York Casket Divisio
Ronald C Awenowicz	officer: SVP, Global Compliance & HR	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Lee Lane	officer: SVP Matthews Automation Soluti	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Reena Gurtner	officer: SVP, Global Talent & HR	241 RIVER VALLEY ROAD, GIANURN BUILDING, LEVEL 4, SINGAPORE U0 238298
Brian J Dunn	officer: President, Marking Products Di
Steven F Nicola	officer: Chief Financial Officer
David A Schawk	director, officer: President, Brand Solutions	674 SKYE LANE, BARRINGTON IL 60010
Lillian Etzkorn	director	1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Brady Edward M Jr	officer: Chief Information Officer	TWO NORTH SHORE CENTER, PITTSBURGH PA 15212
Tunon Alvaro Garcia	director
Davor Brkovich	officer: Chief Information Officer	252 PARKWEST DRIVE, PITTSBURGH PA 15275
Gary Raymond Kohl	officer: President SGK	52 WOODLAND AVENUE, GLEN RIDGE NJ 07028
Robert M Marsh	officer: Treasurer	108 NANTUCKET DRIVE, PITTSBURGH PA 15238
Brian D Walters	officer: V.P. and General Counsel	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212