Desktop Metal (Desktop Metal) Accounts Receivable : $37.7 Mil (As of Dec. 2023)

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What is Desktop Metal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Desktop Metal's accounts receivables for the quarter that ended in Dec. 2023 was $37.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Desktop Metal's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 65.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Desktop Metal's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.19.

Desktop Metal Accounts Receivable Historical Data

The historical data trend for Desktop Metal'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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Desktop Metal Accounts Receivable Chart

Desktop Metal Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

4.52

6.52

46.69

38.48

37.69

Desktop Metal Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial												38.48	35.60	41.24	40.09	37.69

Desktop Metal Accounts Receivable Calculation

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

Desktop Metal 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	37.69	/	52.346	*	91
=	65.70

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

Desktop Metal'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)
=	(84.47	+	0.75 * 37.69	+	0.5 * 82.639	-	216.349
-	0	-	0)	/	325.272
=	-0.19

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.

Desktop Metal Accounts Receivable Related Terms

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Desktop Metal (Desktop Metal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Desktop Metal Inc (NYSE:DM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

844:Germany

Address

63 3rd Avenue, Burlington, MA, USA, 01803

Website

https://www.desktopmetal.com

Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC).

Executives

Farhad Fred Ebrahimi	10 percent owner	191 UNIVERSITY BLVD., #246, DENVER CO 80206
Scott J Dussault	director	C/O DESKTOP METAL, INC., 63 THIRD AVE, BURLINGTON MA 01803
Jason M Cole	officer: CFO & TREASURER	C/O DESKTOP METAL, INC., 63 3RD AVENUE, BURLINGTON MA 01803
Ric Fulop	director, officer: Chief Executive Officer	C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Thomas Nogueira	officer: CHIEF OPERATING OFFICER	C/O DESKTOP METAL, INC., 63 3RD AVENUE, BURLINGTON MA 01803
Hindery Leo J. Jr.	director, other: See remarks.	C/O HMG, INC., C/O CINE LATINO, INC., 2000 PONCE DE LEON BLVD, SUITE 500, CORAL GABLES FL 33134
Michael M. Jafar	officer: CEO, Desktop Health	17901 VON KARMAN AVENUE, SUITE 150, IRVINE CA 92614
James S Eisenstein	director	C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
Jeffrey R Immelt	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Siblani Ali El	director, officer: CEO of EnvisionTec US, LLC	63 THIRD AVENUE, BURLINGTON MA 01803
James Haley	officer: CFO & Treasurer	63 THIRD AVENUE, BURLINGTON MA 01803
Arjun Aggarwal	officer: Chief Product Officer	C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Wen Hsuan Hsieh	director	C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Forest Baskett	10 percent owner
Bilal Zuberi	director	C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803