Methode Electronics (Methode Electronics) Accounts Receivable : $265 Mil (As of Jan. 2024)

Methode Electronics Accounts Receivable Chart

Methode Electronics Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Accounts Receivable		Get a 7-Day Free Trial					219.30	188.50	282.50	273.30	314.30

Methode Electronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															295.50	314.30	300.80	292.30	265.30

Methode Electronics Accounts Receivable Calculation

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

Methode Electronics 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.

Methode Electronics's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

Methode Electronics's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is calculated as:

* 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.

Methode Electronics Accounts Receivable Related Terms

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

Methode Electronics (Methode Electronics) Business Description