UWM Holdings (UWM Holdings) Accounts Receivable : $549 Mil (As of Mar. 2021)

View and export this data going back to 2020. Start your Free Trial

What is UWM Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. UWM Holdings's accounts receivables for the quarter that ended in Mar. 2021 was $549 Mil.

Accounts receivable can be measured by Days Sales Outstanding. UWM Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2021 was 42.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. UWM Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was $-5.14.

UWM Holdings Accounts Receivable Historical Data

The historical data trend for UWM Holdings'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.

UWM Holdings Accounts Receivable Chart

UWM Holdings Annual Data

Trend

Dec19

Dec20

Accounts Receivable

UWM Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	549.38

UWM Holdings Accounts Receivable Calculation

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

UWM Holdings 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.

UWM Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	549.381	/	1189.87	*	91
=	42.13

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

UWM Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 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)
=	(1592.663	+	0.75 * 549.381	+	0.5 * 0	-	7594.59
-	0	-	2664.798)	/	1605.17
=	-5.14

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.

UWM Holdings Accounts Receivable Related Terms

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

UWM Holdings (UWM Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UWM Holdings Corp (NYSE:UWMC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 South Boulevard E, Pontiac, MI, USA, 48341

Website

https://www.uwm.com

UWM Holdings Corp operates as a residential mortgage lender and the wholesale mortgage lender. The company provides independent mortgage advisors across the states and the district of Columbia. The firm also offers training, technology, marketing support, and more to help the entrepreneurial partners.