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Mirion Technologies (Mirion Technologies) Accounts Receivable : $146.1 Mil (As of Mar. 2024)


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What is Mirion Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mirion Technologies's accounts receivables for the quarter that ended in Mar. 2024 was $146.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mirion Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 69.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mirion Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.91.


Mirion Technologies Accounts Receivable Historical Data

The historical data trend for Mirion Technologies'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.

Mirion Technologies Accounts Receivable Chart

Mirion Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - - 157.40 171.20 172.30

Mirion Technologies 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 152.00 139.10 151.60 172.30 146.10

Mirion Technologies Accounts Receivable Calculation

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


Mirion Technologies 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=146.1/192.6*91
=69.22

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

Mirion Technologies'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)
=(125.6+0.75 * 146.1+0.5 * 146.8-1130.8
-0-60.7)/226.062
=-3.91

* 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.


Mirion Technologies Accounts Receivable Related Terms

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Mirion Technologies (Mirion Technologies) Business Description

Traded in Other Exchanges
Address
1218 Menlo Drive, Atlanta, GA, USA, 30318
Mirion Technologies Inc provides products, services, and software that allows customers to safely leverage the power of ionizing radiation for the greater good of humanity through critical applications in the medical, nuclear, defense markets, as well as laboratories, scientific research, analysis and exploration. The Company manages its operations through two segments: Medical and Industrial. The Medical segment provides radiation oncology quality assurance, delivering patient safety solutions for diagnostic imaging and radiation therapy centers. The Industrial segment provides robust, field ready personal radiation detection and identification equipment for defense applications and radiation detection and analysis tools for power plants, labs, and research applications.
Executives
Christopher A. Moore officer: Chief Accounting Officer (PAO) C/O MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Loic Eloy officer: Industrial Group President 1218 MENLO DRIVE, ATLANTA GA 30318
Gsam Holdings Llc director, 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Michael J Rossi officer: Medical Group President 230 PARK AVENUE, SUITE 3350, NEW YORK NY 10169
Sheila Rege director 1218 MENLO DRIVE, ATLANTA GA 30318
Jody Markopoulos director 3641 WOODBOURNE LANE, CROZET VA 22932
Ccp Ix Lp No. 1 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Ccp Ix Lp No. 2 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Ccp Ix Co-investment Lp 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Ccp Ix Co-investment No. 2 Lp 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Charterhouse General Partners (ix) Ltd 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Kipling Matas officer: Chief Accounting Officer MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Christopher L Warren director MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Brian Schopfer officer: Chief Financial Officer MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Michael Freed officer: Chief Operating Officer MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318