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Climb Global Solutions (Climb Global Solutions) Accounts Receivable : $180.6 Mil (As of Mar. 2024)


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What is Climb Global Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Climb Global Solutions's accounts receivables for the quarter that ended in Mar. 2024 was $180.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Climb Global Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 178.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Climb Global Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-9.14.


Climb Global Solutions Accounts Receivable Historical Data

The historical data trend for Climb Global Solutions'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.

Climb Global Solutions Accounts Receivable Chart

Climb Global Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.99 93.82 122.50 154.60 222.27

Climb Global Solutions 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 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 126.39 130.03 126.33 222.27 180.59

Climb Global Solutions Accounts Receivable Calculation

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


Climb Global Solutions 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.

Climb Global Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=180.587/92.422*91
=178.30

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

Climb Global Solutions'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)
=(43.572+0.75 * 180.587+0.5 * 1.865-221.873
-0-0)/4.58513
=-9.14

* 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.


Climb Global Solutions Accounts Receivable Related Terms

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Climb Global Solutions (Climb Global Solutions) Business Description

Traded in Other Exchanges
N/A
Address
4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724
Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.
Executives
Timothy Popovich officer: COO & President 715 OCEAN GATE AVE, PO BOX 523, OCEAN GATE NJ 08740
Andrew S Bryant director ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Andrew E Clark officer: Chief Financial Officer 6011 UNIVERSITY BLVD., SUITE 370, ELLICOTT CITY MD 21043
Geygan Jeffrey Richart Geygan director 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
John R Mccarthy director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Kimberly Boren director 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Gerri Gold director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Dale Richard Foster officer: Executive VP 10900 PUMP HOUSE ROAD, ANNAPOLIS JUNCTION MD 20701
Charles Edward Bass officer: VP New Business 12427 BAYHILL DRIVE, CARMEL IN 46033
Vito Legrottaglie officer: VP Management Info Systems
Greg Scorziello director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Matthew M Sullivan officer: CAO 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Carol Dibattiste director 1155 W FREDERICK SMALL RD, JUPITER FL 33458
Diana Kurty director C/O WAYSIDE TECHNOLOGY GROUP, 11, SHREWSBURY NJ 07702
Michael Faith director, officer: Director ONE DANIEL BURNHAM CT., #400C, SAN FRANCISCO CA 94109