Gen Digital (Gen Digital) Accounts Receivable : $163 Mil (As of Mar. 2024)

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What is Gen Digital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gen Digital's accounts receivables for the quarter that ended in Mar. 2024 was $163 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gen Digital's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 15.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gen Digital's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-19.79.

Gen Digital Accounts Receivable Historical Data

The historical data trend for Gen Digital'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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Gen Digital Accounts Receivable Chart

Gen Digital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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111.00

117.00

120.00

168.00

163.00

Gen Digital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															168.00	145.00	147.00	160.00	163.00

Gen Digital Accounts Receivable Calculation

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

Gen Digital 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.

Gen Digital's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	163	/	967	*	91
=	15.38

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

Gen Digital'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)
=	(846	+	0.75 * 163	+	0.5 * 0	-	13575
-	0	-	0)	/	637.000
=	-19.79

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.

Gen Digital Accounts Receivable Related Terms

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Gen Digital (Gen Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gen Digital Inc (NAS:GEN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

GEN:Mexico SYM:Germany GEN:Czech Republic

Address

60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281

Website

https://www.gendigital.com

Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.

Executives

Ondrej Vlcek	officer: President	110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Natalie Marie Derse	officer: CFO	60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Pavel Baudis	director	110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Peter A Feld	director	201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Emily Heath	director	60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Sherrese M Smith	director	C/O CABLE ONE, INC., 210 E EARLL DRIVE, PHOENIX AZ 85012
Matthew Charles Brown	officer: VP, Finance & CAO	350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Samir Kapuria	officer: EVP, Cyber Security Services	350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Eric Brandt	director	C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Bryan Seuk Ko	officer: EVP, General Counsel and Secre	80 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Nora Denzel	director	C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Slp Iv Seal Ii Gp, L.l.c.	director	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Iv Seal Ii Holdings, L.p.	director	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Vincent Pilette	officer: EVP, Finance	303 VELOCITY WAY, FOSTER CITY CA 94404
Gregory S. Clark	director, officer: CEO	EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626