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Financial Engines (Financial Engines) Accounts Receivable : $116.5 Mil (As of Mar. 2018)


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What is Financial Engines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Financial Engines's accounts receivables for the quarter that ended in Mar. 2018 was $116.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Financial Engines's Days Sales Outstanding for the quarter that ended in Mar. 2018 was 83.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Financial Engines's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was $4.15.


Financial Engines Accounts Receivable Historical Data

The historical data trend for Financial Engines'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.

Financial Engines Accounts Receivable Chart

Financial Engines Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.81 66.00 71.29 103.26 116.12

Financial Engines Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 110.86 111.16 114.04 116.12 116.54

Financial Engines Accounts Receivable Calculation

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


Financial Engines 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.

Financial Engines's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=116.541/127.826*91
=83.19

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

Financial Engines's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 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)
=(238.819+0.75 * 116.541+0.5 * 0-62.649
-0-0)/63.492
=4.15

* 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.


Financial Engines Accounts Receivable Related Terms

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Financial Engines (Financial Engines) Business Description

Traded in Other Exchanges
N/A
Address
Financial Engines Inc is a provider of technology-enabled portfolio management services, investment advice, and retirement income services. The company offers its host of services to participants in employer-sponsored defined-contribution plans, plan sponsors, and plan providers. Plan participants are offered discretionary management of their plan assets, in addition to investment-decision-making on behalf of the plan participant. A similar service is offered to plan sponsors, where the sponsor enlists the company as a subadvisor to carry out managerial duties for plan participants. Financial Engines also provides investment recommendations for participants choosing to manage their own portfolio, in addition to retirement-readiness assessments and guidance for claiming social security.
Executives
John B Shoven director
Robert A Huret director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
David B Yoffie director 2200 MISSION COLLEGE BLVD, RNB 4-151, SANTA CLARA CA 95054
Michael E. Martin director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Craig L Foster officer: EVP & CFO 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Heidi Fields director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Blake R. Grossman director BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Joseph Grundfest director STANFORD LAW SCHOOL, 559 NATHAN ABBOTT WAY, STANFORD CA 94305
John Bunch officer: EVP, COO & Pres FE Advisors 6940 COLUMBIA GATEWAY DR. SUITE 200 COLUMBIA MD 21046
Warburg Pincus & Co. director 450 LEXINGTON AVENUE, NEW YORK, NY NY 100173147
Warburg Pincus X Partners, L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity X, L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus X Gp L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus X, L.p. director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Wpp Gp Llc director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVE, NEW YORK NY 10017

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