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PAY (Paymentus Holdings) Accounts Receivable : $111.2 Mil (As of Sep. 2024)


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What is Paymentus Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Paymentus Holdings's accounts receivables for the quarter that ended in Sep. 2024 was $111.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Paymentus Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 43.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Paymentus Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $1.50.


Paymentus Holdings Accounts Receivable Historical Data

The historical data trend for Paymentus Holdings'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.

Paymentus Holdings Accounts Receivable Chart

Paymentus Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
19.46 28.03 43.94 67.79 76.39

Paymentus Holdings 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 74.85 76.39 84.18 90.06 111.17

Paymentus Holdings Accounts Receivable Calculation

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


Paymentus Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=111.174/231.571*91
=43.81

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

Paymentus Holdings'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)
=(187.542+0.75 * 111.174+0.5 * 0-84.139
-0-0)/124.605
=1.50

* 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.


Paymentus Holdings Accounts Receivable Related Terms

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Paymentus Holdings Business Description

Traded in Other Exchanges
N/A
Address
11605 North Community House Road, Suite 300, Charlotte, NC, USA, 28277
Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers and financial institutions through a Software-as-a-Service, (SaaS), secure, omni-channel technology platform. The platform integrates into a biller's core financial and operating systems to provide flexible and secure access to payment processing of credit cards, debit cards, eChecks and digital wallets across a number of channels including online, mobile, IVR, call center, chatbot and voice-based assistants. The Company generates revenue from payment transaction fees processed through the Company's platform. The fees are generated as a percentage of transaction value or a specified fee per transaction.
Executives
Andrew A. Gerber officer: General Counsel and Secretary 18390 NE 68TH ST., REDMOND WA 98052
Sanjay Kalra officer: SVP and CFO HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Gerasimos (jerry) Portocalis officer: Chief Commercial Officer 18390 NE 68TH ST., REDMOND WA 98052
Arun Oberoi director 100 EAST DAVIE STREET, RALEIGH NC 27601
Paul E. Seamon officer: Interim CFO 18390 NE 68TH ST, REDMOND WA 98052
Matt Parson officer: Chief Financial Officer 18390 NE 68TH ST., REDMOND WA 98052
Gary Trainor director 18390 NE 68TH ST., REDMOND WA 98052
Jody R Davids director C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Dushyant Sharma director, 10 percent owner, officer: Chairman, President and CEO 18390 NE 68TH ST., REDMOND WA 98052
William Ingram director C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Accel-kkr Growth Capital Partners Ii, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Accel-kkr Growth Capital Partners Ii Strategic Fund, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
John C Morrow officer: General Counsel and Secretary 11100 NE 8TH ST #600, BELLEVUE WA 98004
Accel-kkr Growth Capital Partners Iii, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Accel-kkr Capital Partners Cv Iii, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025