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Nordson (Nordson) Accounts Receivable : $538 Mil (As of Jan. 2024)


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What is Nordson Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nordson's accounts receivables for the quarter that ended in Jan. 2024 was $538 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nordson's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 77.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nordson's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-30.74.


Nordson Accounts Receivable Historical Data

The historical data trend for Nordson'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.

Nordson Accounts Receivable Chart

Nordson Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 506.32 445.36 479.59 502.08 548.38

Nordson Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 546.65 527.85 533.79 548.38 537.70

Nordson Accounts Receivable Calculation

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


Nordson 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.

Nordson's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=537.702/633.193*91
=77.49

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

Nordson's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(136.201+0.75 * 537.702+0.5 * 451.217-2523.11
-0-0)/57.1922
=-30.74

* 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.


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.


Nordson Accounts Receivable Related Terms

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


Nordson (Nordson) Business Description

Traded in Other Exchanges
Address
28601 Clemens Road, Westlake, OH, USA, 44145
Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.
Executives
Srinivas Subramanian officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Stephen Lovass officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE X1 44145
Joseph P Kelley officer: EVP and CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Stephen F Shamrock officer: Interim CFO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeffrey A Pembroke officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sarah Siddiqui officer: EVP, CHRO C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Shelly Peet officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sundaram Nagarajan director, officer: President and CEO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Jennifer L Mcdonough officer: EVP, GC, and Secretary C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Michael J Merriman director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Richey Victor L Jr director C/O ESCO TECHNOLOGIES, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Frank M Jaehnert director C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Ginger M Jones director 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Jennifer A Parmentier director 6035 PARKLAND BLVD, CLEVELAND OH 44124

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