Slack Technologies (Slack Technologies) Accounts Receivable : $141.5 Mil (As of Apr. 2021)

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What is Slack Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Slack Technologies's accounts receivables for the quarter that ended in Apr. 2021 was $141.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Slack Technologies's Days Sales Outstanding for the quarter that ended in Apr. 2021 was 47.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Slack Technologies's Net-Net Working Capital per share for the quarter that ended in Apr. 2021 was $0.37.

Slack Technologies Accounts Receivable Historical Data

The historical data trend for Slack Technologies'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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Slack Technologies Accounts Receivable Chart

Slack Technologies Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Accounts Receivable

37.21

87.44

145.84

237.44

Slack Technologies Quarterly Data
	Jan17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Accounts Receivable	Get a 7-Day Free Trial										105.83	111.95	122.78	237.44	141.54

Slack Technologies Accounts Receivable Calculation

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

Slack Technologies 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.

Slack Technologies's Days Sales Outstanding for the quarter that ended in Apr. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	141.543	/	273.357	*	91
=	47.25

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

Slack Technologies's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2021 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)
=	(1641.113	+	0.75 * 141.543	+	0.5 * 0	-	1533.46
-	0	-	0)	/	585.7
=	0.37

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.

Slack Technologies Accounts Receivable Related Terms

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Slack Technologies (Slack Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Slack Technologies Inc (NYSE:WORK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Howard Street, San Francisco, CA, USA, 94105

Website

https://www.slack.com

Slack Technologies operates Slack, a software-as-a-service platform that brings together people, applications, and data. The platform is appropriate for all business types, from small and medium-size businesses to enterprise customers. The company was founded in 2009 as a game developer but later changed its focus and released its internally developed toolset, Slack, in 2013. It is headquartered in San Francisco.

Executives

David Schellhase	officer: General Counsel and Secretary	THE LANDMARK @ ONE MARKET, SUITE 300, SAN FRANCISCO CA 94105
Allen Shim	officer: Chief Financial Officer	C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET, SAN FRANCISCO CA 94105
Robert Frati	officer: Sr VP Sales, Customer Success	C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Cal Henderson	officer: Chief Technology Officer	C/O SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Stewart Butterfield	director, officer: Chief Executive Officer	CO/ SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Brandon Zell	officer: Chief Accounting Officer	C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Graham Smith	director	301 BRANNMAN ST, SAN FRANCISCO CA 94107
Tamar Yehoshua	officer: Chief Product Officer	301 CONGRESS AVE, STE 700, AUSTIN TX 78701
John Ofarrell	director	2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Andrew Braccia	director	428 UNIVERSITY AVE, PALO ALTO CA 94555
Edith W Cooper	director	C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Sheila B Jordan	director	601 MERRITT 7, NORWALK CT 06851
Sarah Friar	director	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Michael M Mcnamara	director	C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Accel Growth Fund Investors 2014 L.l.c.	10 percent owner	428 UNIVERSITY AVE, PALO ALTO CA 94301