GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Moodys Corp (NYSE:MCO) » Definitions » Accounts Receivable

MCO (Moodys) Accounts Receivable : $1,708 Mil (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Moodys Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Moodys's accounts receivables for the quarter that ended in Sep. 2024 was $1,708 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Moodys's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 85.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Moodys's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-40.66.


Moodys Accounts Receivable Historical Data

The historical data trend for Moodys'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.

Moodys Accounts Receivable Chart

Moodys 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 1,419.00 1,430.00 1,720.00 1,652.00 1,659.00

Moodys 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 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 1,513.00 1,659.00 1,835.00 1,694.00 1,708.00

Moodys Accounts Receivable Calculation

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


Moodys 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1708/1813*91
=85.97

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

Moodys'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)
=(3215+0.75 * 1708+0.5 * 0-11701
-0-163)/181.231
=-40.66

* 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.


Moodys Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Moodys's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Moodys Business Description

Address
7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and about half the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.
Executives
Robert Fauber director, officer: President and CEO 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Michael L West officer: President, Moody's Investors 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Caroline Sullivan officer: SVP - Corporate Controller 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Stephen T Tulenko officer: President, Moody's Analytics 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Richard G Steele officer: SVP - General Counsel C/O MOODY'S CORPORATION, 7 WORLD TRADE CENTER AT 250 GREENWICH ST, NEW YORK NY 10007
Lloyd Jr Howell director 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Kathryn Hill director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Vincent A Forlenza director C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Jorge A. Bermudez director CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Saun Bruce Van director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD, STAMFORD CT 06901
Leslie Seidman director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Jose Minaya director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Therese Esperdy director 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Mark Kaye officer: EVP & Chief Financial Officer 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Raymond W Mcdaniel director, officer: Executive Vice President 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007