Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DXP Enterprises's accounts receivables for the quarter that ended in Dec. 2023 was $311 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
DXP Enterprises's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 69.76.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DXP Enterprises's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.90.
DXP Enterprises Accounts Receivable Historical Data
The historical data trend for DXP Enterprises'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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
DXP Enterprises 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.
DXP Enterprises's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), DXP Enterprises's accounts receivable are only considered to be worth 75% of book value:
DXP Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
DXP Enterprises Accounts Receivable Related Terms
Thank you for viewing the detailed overview of DXP Enterprises's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
DXP Enterprises (DXP Enterprises) Business Description
DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, aerospace mining, agriculture, power, and refining industries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DXPE has been successfully added to your 