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Manhattan Associates (Manhattan Associates) Accounts Receivable : $205.7 Mil (As of Mar. 2024)


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What is Manhattan Associates Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Manhattan Associates's accounts receivables for the quarter that ended in Mar. 2024 was $205.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Manhattan Associates's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 73.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Manhattan Associates's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.19.


Manhattan Associates Accounts Receivable Historical Data

The historical data trend for Manhattan Associates'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.

Manhattan Associates Accounts Receivable Chart

Manhattan Associates Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.94 109.20 124.42 166.77 181.17

Manhattan Associates Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 160.57 178.45 183.38 181.17 205.70

Manhattan Associates Accounts Receivable Calculation

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


Manhattan Associates 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.

Manhattan Associates's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=205.701/254.552*91
=73.74

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

Manhattan Associates'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)
=(207.524+0.75 * 205.701+0.5 * 0-435.155
-0-0)/61.5695
=-1.19

* 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.


Manhattan Associates Accounts Receivable Related Terms

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Manhattan Associates (Manhattan Associates) Business Description

Traded in Other Exchanges
Address
2300 Windy Ridge Parkway, Tenth Floor, Atlanta, GA, USA, 30339
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers around the world.
Executives
Thomas E Noonan director C/O INTERNET SECURITY SYSTEM INC, 6303 BARFIELD RD, ATLANTA GA 30328
James Stewart Gantt officer: Executive Vice President 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Deepak Raghavan director 2300 WINDY RIDGE PARKWAY SUITE 700, ATLANTA GA 30339
Huntz John J Jr director 1201 W PEACHTREE STREET NW, STE 5000, ATLANTA GA 30309
Linda T. Hollembaek director 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Edmond Eger director 135 CHEROKEE WAY, PORTOLA VALLEY CA 94028
Bruce Richards officer: Sr. V.P. & Chief Legal Officer 190 NORTHLAND RIDGE TRAIL, ATLANTA GA 30342
Dennis B Story officer: Sr. VP and CFO
Eddie Capel officer: Executive VP-Global Operations 2300 WINDY RIDGE PARKWAY, SUITE 1000, ATLANTA GA 30339
Kimberly A Kuryea director C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Robert G Howell officer: Sr VP, Americas Sales 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Brian J Cassidy director MEENTSESTREAST 81 NL 6987, GLESBEEK NETHERLANDS P7 0000
John H Heyman director 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Linda C. Pinne officer: Sr VP, Global Corp Controller 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339