FLYW (Flywire) Accounts Receivable : $27.5 Mil (As of Sep. 2024)

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What is Flywire Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Flywire's accounts receivables for the quarter that ended in Sep. 2024 was $27.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Flywire's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 16.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Flywire's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $2.45.

Flywire Accounts Receivable Historical Data

The historical data trend for Flywire'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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Flywire Accounts Receivable Chart

Flywire Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

1.70

11.57

12.97

13.70

18.22

Flywire Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial															18.15	18.22	19.69	20.28	27.51

Flywire Accounts Receivable Calculation

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

Flywire 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	27.51	/	156.815	*	91
=	16.01

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

Flywire's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(681.126	+	0.75 * 27.51	+	0.5 * 0	-	396.787
-	0	-	0)	/	124.449
=	2.45

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.

Flywire Accounts Receivable Related Terms

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Flywire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flywire Corp (NAS:FLYW) » Definitions » Accounts Receivable

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Traded in Other Exchanges

9E2:Germany

Address

141 Tremont Street, Suite 10, Boston, MA, USA, 02111

Website

https://www.flywire.com

Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

Executives

Peter Butterfield	officer: General Counsel and CCO	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Rob Orgel	officer: President and COO	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Michael Massaro	director, officer: Chief Executive Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
David R. King	officer: Chief Technology Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Edwin J Santos	director	234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Phillip John Riese	director	2851 WEST KATHLEEN ROAD, PHOENIX AZ 85053
Michael G Ellis	officer: Chief Financial Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Gretchen Howard	director	707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Matthew C Harris	director, 10 percent owner	1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
Ajay Agarwal	10 percent owner	C/O BAIN CAPITAL VENTURE INVESTORS, LLC, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Investors, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund Ii, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Alex Finkelstein	director, 10 percent owner	C/O WAYFAIR INC, 4 COPLEY PLACE, 7TH FLOOR, BOSTON MA 02116
Enrique T Salem	10 percent owner	SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Diane E Offereins	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015