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SND (Smartnd) Accounts Receivable : $41.0 Mil (As of Dec. 2024)


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What is Smartnd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Smartnd's accounts receivables for the quarter that ended in Dec. 2024 was $41.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Smartnd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 40.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Smartnd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-1.35.


Smartnd Accounts Receivable Historical Data

The historical data trend for Smartnd'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.

Smartnd Accounts Receivable Chart

Smartnd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.72 17.48 35.75 23.23 40.98

Smartnd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 23.23 37.70 26.23 24.16 40.98

Smartnd Accounts Receivable Calculation

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


Smartnd 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=40.981/91.363*91
=40.93

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

Smartnd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1.554+0.75 * 40.981+0.5 * 25.044-97.736
-0-0)/39.067
=-1.35

* 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.


Smartnd Accounts Receivable Related Terms

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Smartnd Business Description

Traded in Other Exchanges
Address
1000 Floral Vale Boulevard, Suite 225, Yardley, PA, USA, 19067
Smart Sand Inc. is a fully integrated frac sand company providing mine-to-well site proppant supply and logistics. It produces Northern White frac sand for enhanced hydrocarbon recovery in oil and gas wells. The company offers products like Smart System, SmartBelt, SmartDepot Silo, and SmartPath Loader. It is expanding into industrial markets, including glass, ceramics, and renewable energy, while its main revenue comes from sand sales and logistics.
Executives
Christopher M. Green officer: Vice President of Accounting C/O SMART SAND, INC., 28420 HARDY TOLL ROAD, SUITE 130, SPRING TX 77373
Andrew R Speaker other: SEE REMARKS 10 HIGHWAY 31, PO BOX 278, PENNINGTON NJ 08534
Clearlake Capital Group, L.p. director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
William John Young officer: SEE REMARKS C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Lee E Beckelman officer: Chief Financial Officer 12001 NORTH HOUSTON ROSSLYN, HOUSTON TX 77086
Clearlake Capital Management Ii, L.p. director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Richard J Shearer officer: President-Industrial Products C/O EMERGE ENERGY SERVICES LP, 1400 CIVIC PLACE, SUITE 250, SOUTHLAKE TX 76092
Susan E Neumann officer: SEE REMARKS C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
James Douglas Young officer: SEE REMARKS 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Frank Porcelli director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Charles Edwin Young director, 10 percent owner, officer: CEO C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Ccp Mm, Llc director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Timothy Pawlenty director C/O DIGITAL RIVER, INC., 10380 BREN ROAD WEST, MINNETONKA MN 55343-9072
Robert Kiszka officer: Execute VP of Operations C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Sharon Spurlin director 333 CLAY ST, SUITE 1600, HOUSTON TX 77002