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CNXC (Concentrix) Accounts Receivable : $1,122 Mil (As of Feb. 2025)


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What is Concentrix Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Concentrix's accounts receivables for the quarter that ended in Feb. 2025 was $1,122 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Concentrix's Days Sales Outstanding for the quarter that ended in Feb. 2025 was 43.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Concentrix's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was $-105.18.


Concentrix Accounts Receivable Historical Data

The historical data trend for Concentrix'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.

Concentrix Accounts Receivable Chart

Concentrix Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Accounts Receivable
Get a 7-Day Free Trial 644.79 714.03 782.05 1,069.94 1,066.47

Concentrix Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1,098.48 1,036.51 1,041.96 1,066.47 1,121.94

Concentrix Accounts Receivable Calculation

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


Concentrix 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.

Concentrix's Days Sales Outstanding for the quarter that ended in Feb. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1121.94/2372.222*91
=43.16

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

Concentrix's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2025 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)
=(308+0.75 * 1121.94+0.5 * 0-7861.349
-0-0)/63.814
=-105.18

* 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.


Concentrix Accounts Receivable Related Terms

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Concentrix Business Description

Traded in Other Exchanges
Address
39899 Balentine Drive, Suite 235, Newark, CA, USA, 94560
Concentrix Corp is a technology enabled company specialized in customer engagement and customer management. The company provides end-to-end capabilities, including CX process optimization, technology innovation and design engineering, front- and back-office automation, analytics and business transformation services to clients in five industry verticals. The Company's verticals are technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, and healthcare. Geographically, the company operates in Philippines, Unites States, India, Frances and Others. Maximum revenue is from Technology and consumer electronics industry and geographically from Philippines.
Executives
Olivier Duha director 39899 BALENTINE DRIVE, STE 235, NEWARK CA 94560
Twomey Cormac J officer: EVP, Global Ops & Delivery 201 EAST FOURTH STREET, CONVERGYS CORPORATION, CINCINNATI OH 45202
Kathryn Hayley director C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Christopher A Caldwell director, officer: President and CEO 39899 BALENTINE DRIVE, SUITE 235, NEWARK CA 94560
Jane Fogarty officer: EVP, Legal 39899 BALENTINE DRIVE, SUITE 235, NEWARK CA 94560
Dennis Polk director 44201 NOBEL DRIVE, FREMONT CA 94538
Vi Sa Finpar 10 percent owner AVENUE MARNIX 24, BRUSSELS C9 1000
Nicolas Gheysens director C/O GBL VERWALTUNG S.A., 19-21, ROUTE D'ARLON, STRASSUN N4 L-8009
Bruxelles Lambert Groupe 10 percent owner 24 AVENUE MARNIX, BRUSSELS C9 1000
V Sa Finpar 10 percent owner AVENUE MARNIX 24, BRUSSELS C9 1000
Gbl Verwaltung S.a. 10 percent owner 19-21, ROUTE D'ARLON, STRASSEN N4 L-8009
Sapiens S.a R.l. 10 percent owner 19-21, ROUTE D'ARLON, STRASSEN N4 L-8009
Peer Developments Ltd 10 percent owner 4TH FLOOR, NO. 75, SEC. 3,, MING-SHENG E. ROAD,, TAIPEI F5 00000
Matthew Miau 10 percent owner 44201 NOBEL DRIVE, FREMONT CA 94538
Silver Star Developments Ltd 10 percent owner NO 200 WEN HWA 2ND RD, KUEI SHAN HSIANG, TAOYUAN F5 00000