Bowman Consulting Group (Bowman Consulting Group) Accounts Receivable : $96.0 Mil (As of Mar. 2024)

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What is Bowman Consulting Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bowman Consulting Group's accounts receivables for the quarter that ended in Mar. 2024 was $96.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bowman Consulting Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 92.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bowman Consulting Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-10.99.

Bowman Consulting Group Accounts Receivable Historical Data

The historical data trend for Bowman Consulting Group'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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Bowman Consulting Group Accounts Receivable Chart

Bowman Consulting Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

28.56

24.18

38.49

64.44

87.57

Bowman Consulting Group Quarterly Data
	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													67.16	81.87	85.23	87.57	95.98

Bowman Consulting Group Accounts Receivable Calculation

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

Bowman Consulting Group 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.

Bowman Consulting Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	95.975	/	94.907	*	91
=	92.28

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

Bowman Consulting Group'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)
=	(11.673	+	0.75 * 95.975	+	0.5 * 0	-	253.282
-	0	-	0)	/	15.4285
=	-10.99

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.

Bowman Consulting Group Accounts Receivable Related Terms

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Bowman Consulting Group (Bowman Consulting Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bowman Consulting Group Ltd (NAS:BWMN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12355 Sunrise Valley Drive, Suite 520, Reston, VA, USA, 20191

Website

https://www.bowman.com

Bowman Consulting Group Ltd is a multi-faceted consulting firm offering a broad range of real estate, energy, infrastructure, and environmental management solutions to both public and private clients across the country. From large commercial developments, to master planned communities, to local transportation projects, Bowman delivers outstanding project results, builds long-lasting relationships and leverages the growth of the organization to serve the constantly changing needs of clients.

Executives

Gary Bowman	director, 10 percent owner	12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Bruce J Labovitz	officer: Chief Financial Officer	11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
Michael Bruen	director, officer: Chief Operating Officer	12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Robert Alan Hickey	officer: Chief Legal Officer	12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Patricia Mulroy	director	C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Stephen A Riddick	director	C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Raymond Jr. Vicks	director	C/O ACCESS GOHEALTH ONDEMAND, INC., 5555 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
James P Laurito	director	C/O ENERGY EAST CORPORATION, PO BOX 3287, ITHACA NY 14852-3287
Daniel Lefaivre	director	12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20131
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6