Rocket Lab USA (Rocket Lab USA) Accounts Receivable : $31.17 Mil (As of Mar. 2024)

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What is Rocket Lab USA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rocket Lab USA's accounts receivables for the quarter that ended in Mar. 2024 was $31.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rocket Lab USA's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 30.66.

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

Rocket Lab USA Accounts Receivable Historical Data

The historical data trend for Rocket Lab USA'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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Rocket Lab USA Accounts Receivable Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

2.73

13.96

36.57

35.18

Rocket Lab USA Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial										50.69	25.18	22.79	35.18	31.17

Rocket Lab USA Accounts Receivable Calculation

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

Rocket Lab USA 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.

Rocket Lab USA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	31.167	/	92.767	*	91
=	30.66

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

Rocket Lab USA'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)
=	(492.522	+	0.75 * 31.167	+	0.5 * 99.901	-	702.978
-	0	-	0)	/	0
=	N/A

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.

Rocket Lab USA Accounts Receivable Related Terms

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Rocket Lab USA (Rocket Lab USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (NAS:RKLBW) » Definitions » Accounts Receivable

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Traded in Other Exchanges

RKLB:USA

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.