NRDS (Nerdwallet) Accounts Receivable : $102.8 Mil (As of Sep. 2024)

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What is Nerdwallet Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nerdwallet's accounts receivables for the quarter that ended in Sep. 2024 was $102.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nerdwallet's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 49.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nerdwallet's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.93.

Nerdwallet Accounts Receivable Historical Data

The historical data trend for Nerdwallet'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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Nerdwallet Accounts Receivable Chart

Nerdwallet Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

36.10

37.30

57.60

87.00

75.50

Nerdwallet Quarterly Data
	Dec19	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													84.40	75.50	93.90	93.70	102.80

Nerdwallet Accounts Receivable Calculation

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

Nerdwallet 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	102.8	/	191.3	*	91
=	49.04

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

Nerdwallet'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)
=	(71.7	+	0.75 * 102.8	+	0.5 * 0	-	80
-	0	-	0)	/	74.028
=	0.93

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.

Nerdwallet Accounts Receivable Related Terms

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Nerdwallet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nerdwallet Inc (NAS:NRDS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Hawthorne Street, 11th Floor, San Francisco, CA, USA, 94105

Website

https://www.nerdwallet.com

Nerdwallet Inc is a company that provides onsumer-driven advice about personal finance through its platform by connecting individuals and small and mid-sized businesses (SMBs) with providers of financial products. They get revenue from fees paid by its financial services partners in the form of either revenue per action, revenue per click, revenue per lead and revenue per funded loan arrangements.

Executives

Lauren Stclair	officer: Chief Financial Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Samuel Yount	officer: VP, General Manager	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Jennifer Ceran	director	C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Maurice Kevin Taylor	director	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Tim Chao-ming Chen	director, 10 percent owner, officer: Chief Executive Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kevin Yuann	officer: Chief Business Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
John Caine	officer: Chief Product Officer	350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Kelly Gillease	officer: Chief Marketing Officer	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Lynne Marie Laube	director	C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Thomas Loverro	director	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Kenneth Thomas Mcbride	director	STAMPS.COM INC., 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Robinson James D Iii	director	ONE COCA-COLA PLAZA, ATLANTA GA 30313
Innovius Capital Gp I, Llc	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 3720, SAN FRANCISCO CA 94111
Jules A. Maltz	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025