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Innovid (Innovid) Accounts Receivable : $41.81 Mil (As of Mar. 2024)


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What is Innovid Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Innovid's accounts receivables for the quarter that ended in Mar. 2024 was $41.81 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Innovid's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 103.86.

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


Innovid Accounts Receivable Historical Data

The historical data trend for Innovid'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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Innovid Accounts Receivable Chart

Innovid Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
26.43 34.80 35.42 43.65 46.42

Innovid Quarterly Data
Dec19 Jun20 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 39.95 43.24 43.56 46.42 41.81

Innovid Accounts Receivable Calculation

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


Innovid 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41.814/36.738*91
=103.86

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

Innovid'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)
=(31.574+0.75 * 41.814+0.5 * 0-43.588
-0-0)/0
=N/A

* 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.


Innovid Accounts Receivable Related Terms

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Innovid (Innovid) Business Description

Traded in Other Exchanges
Address
30 Irving Place, 12th Floor, New York, NY, USA, 10003
Innovid Corp is a software platform that provides ad serving, measurement and creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies. It is engaged in ad serving, measurement and creative services.