GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Altra Industrial Motion Corp (NAS:AIMC) » Definitions » Accounts Receivable

Altra Industrial Motion (Altra Industrial Motion) Accounts Receivable : $245 Mil (As of Dec. 2022)


View and export this data going back to 2006. Start your Free Trial

What is Altra Industrial Motion Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Altra Industrial Motion's accounts receivables for the quarter that ended in Dec. 2022 was $245 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Altra Industrial Motion's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 47.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Altra Industrial Motion's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-17.07.


Altra Industrial Motion Accounts Receivable Historical Data

The historical data trend for Altra Industrial Motion'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.

Altra Industrial Motion Accounts Receivable Chart

Altra Industrial Motion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 259.80 243.20 240.80 224.50 244.60

Altra Industrial Motion Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 224.50 269.60 271.60 245.70 244.60

Altra Industrial Motion Accounts Receivable Calculation

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


Altra Industrial Motion 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.

Altra Industrial Motion's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=244.6/469.4*91
=47.55

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

Altra Industrial Motion's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(208.9+0.75 * 244.6+0.5 * 338.9-1674.2
-0-0)/65.1738
=-17.07

* 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.


Altra Industrial Motion Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Altra Industrial Motion's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Altra Industrial Motion (Altra Industrial Motion) Business Description

Traded in Other Exchanges
N/A
Address
300 Granite Street, Suite 201, Braintree, MA, USA, 02184
Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and sells a wide range of electromechanical power transmission motion control. The company operates through two business segments based on product types and end markets served: the power transmission technologies segment and the automation and specialty segment. The company's product portfolio consists of products such as clutches, brakes, gears, and motion controllers and braking systems, which are used in heavy industrial applications, energy markets, medical, packaging, automation, robotic, and other industries. The company earns majority of its revenue in North America ( primarily the United States).
Executives
La Vonda Williams director 201 MONTGOMERY STREET, #751, JERSEY CITY NJ 07302
Haughey Nicole Parent director UNITED TECHNOLOGIES CORPORATION, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Margot Hoffman director 6368 CHAMPIONS DRIVE, WESTERVILLE OH 43082
Thomas W Swidarski director 5995 MAYFAIR RD, P O BOX 3077, NORTH CANTON OH 44720
Todd Patriacca officer: EVP, CFO and Treasurer C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Glenn E. Deegan officer: Chief Legal and HR Officer C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
J Scott Hall director 1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328
Christian Storch officer: Chief Financial Officer C/O ALTRA INDUSTRIAL MOTION, 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
Woodward James H Jr director 7140 OFFICE CIRCLE, EVANSVILLE IN 47716
Craig Schuele officer: VP Mktg&Bus Dev (see Remarks) C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Carl R Christenson officer: President and COO C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Lyle G. Ganske director C/O ALTRA INDUSTRIAL MOTION, INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
Larry Mcpherson director C/O MEDICAL STAFFING NETWORK HOLDINGS, 901 YAMATO ROAD, SUITE 110, BOCA RATON FL 33431
Lipscomb S Michael director SIFCO INDUSTRIES, INC., 970 EAST 64TH STREET, CLEVELAND OH 44103
Patrick K Murphy director C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203

Altra Industrial Motion (Altra Industrial Motion) Headlines