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ODDITY Tech (ODDITY Tech) Accounts Receivable : $11.5 Mil (As of Mar. 2024)


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What is ODDITY Tech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ODDITY Tech's accounts receivables for the quarter that ended in Mar. 2024 was $11.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ODDITY Tech's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ODDITY Tech's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.60.

ODDITY Tech Accounts Receivable Historical Data

The historical data trend for ODDITY Tech'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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ODDITY Tech Accounts Receivable Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
4.54 5.14 7.58 9.92

ODDITY Tech Quarterly Data
Dec20 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 8.54 7.82 7.97 9.92 11.45

ODDITY Tech Accounts Receivable Calculation

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

ODDITY Tech 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.452/211.628*91
=4.94

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

ODDITY Tech'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)
=(157.255+0.75 * 11.452+0.5 * 87.375-175.453
-0-0)/56.8667
=0.60

* 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.

ODDITY Tech Accounts Receivable Related Terms

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ODDITY Tech (ODDITY Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ODDITY Tech Ltd (NAS:ODD) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
Website
https://www.oddity.com
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.