BFLY.WS (Butterfly Network) Accounts Receivable : $16.11 Mil (As of Jun. 2024)

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What is Butterfly Network Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Butterfly Network's accounts receivables for the quarter that ended in Jun. 2024 was $16.11 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Butterfly Network's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 68.43.

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

Butterfly Network Accounts Receivable Historical Data

The historical data trend for Butterfly Network'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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Butterfly Network Accounts Receivable Chart

Butterfly Network Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

5.75

11.94

14.69

13.42

Butterfly Network Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Receivable	Get a 7-Day Free Trial														17.78	13.65	13.42	13.91	16.11

Butterfly Network Accounts Receivable Calculation

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

Butterfly Network 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.

Butterfly Network's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.113	/	21.487	*	91
=	68.43

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

Butterfly Network's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(102.051	+	0.75 * 16.113	+	0.5 * 74.175	-	78.787
-	0	-	0)	/	0
=	N/A

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.

Butterfly Network Accounts Receivable Related Terms

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Butterfly Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Butterfly Network Inc (NYSE:BFLY.WS) » Definitions » Accounts Receivable

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BFLY:USA

Address

1600 District Avenue, Guilford, Burlington, MA, USA, 01803

Website

https://www.butterflynetwork.com

Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. Butterfly enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.