Origin Materials (Origin Materials) Accounts Receivable : $15.20 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Origin Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Origin Materials's accounts receivables for the quarter that ended in Dec. 2023 was $15.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Origin Materials's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 106.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Origin Materials's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.90.

Origin Materials Accounts Receivable Historical Data

The historical data trend for Origin Materials'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.

Origin Materials Accounts Receivable Chart

Origin Materials Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

15.20

Origin Materials Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial										-	1.48	7.28	10.63	15.20

Origin Materials Accounts Receivable Calculation

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

Origin Materials 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.

Origin Materials's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15.204	/	13.063	*	91
=	106.21

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

Origin Materials's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(158.263	+	0.75 * 15.204	+	0.5 * 0.912	-	39.327
-	0	-	0)	/	145.707
=	0.90

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.

Origin Materials Accounts Receivable Related Terms

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

Origin Materials (Origin Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Origin Materials Inc (NAS:ORGN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

5ER:Germany 5ER:Germany

Address

930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605

Website

https://www.originmaterials.com

Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process.

Executives

John Bissell	director, officer: President, Co-CEO and Director	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Joshua C. Lee	officer: General Counsel	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Richard J. Riley	director, officer: Co-CEO and Director	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Matthew T Plavan	officer: Chief Financial Officer	C/O THERMOGENESIS CORP., 2711 CITRUS ROAD, RANCHO CORDOVA CA 95742
R Tony Tripeny	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Pamela Haley	officer: Interim CFO	202 COUSTEAU PLACE, DAVIS CA 95618
Karen A Richardson	director
James C. Stephanou	director	930 RIVERSIDE PKWY SUITE 10, WEST SACRAMENTO CA 95605
Craig A Rogerson	director	1313 N MARKET ST, WILMINGTON DE 19894
Boon Sim	director, 10 percent owner	C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Nathan S. Whaley	officer: Chief Financial Officer	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Heidenmark Cook Pia Johanna	director	PRASTAV 672, VIKEN V7 263 61
Stephen Galowitz	officer: Chief Commercial Officer	C/O ORIGIN MATERIALS, INC., 3 COLUMBUS CIRCLE, SUITE 2215, NEW YORK NY 10019
Charles Drucker	director, 10 percent owner, officer: Executive Chairman	38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Benno O Dorer	director	1221 BROADWAY, OAKLAND CA 94612