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MicroStrategy (MicroStrategy) Accounts Receivable : $115.2 Mil (As of Mar. 2024)


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What is MicroStrategy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MicroStrategy's accounts receivables for the quarter that ended in Mar. 2024 was $115.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MicroStrategy's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 91.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MicroStrategy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-214.41.


MicroStrategy Accounts Receivable Historical Data

The historical data trend for MicroStrategy'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.

MicroStrategy Accounts Receivable Chart

MicroStrategy 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 163.52 197.46 189.28 189.28 183.82

MicroStrategy 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 139.18 121.90 128.65 183.82 115.15

MicroStrategy Accounts Receivable Calculation

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


MicroStrategy 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=115.15/115.246*91
=91.17

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

MicroStrategy'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)
=(81.326+0.75 * 115.15+0.5 * 0-3951.434
-0-0)/17.647
=-214.41

* 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.


MicroStrategy Accounts Receivable Related Terms

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MicroStrategy (MicroStrategy) Business Description

Traded in Other Exchanges
Address
1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182
MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.
Executives
Michael J Saylor director, 10 percent owner, officer: Chairman and CEO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jarrod M Patten director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Wei-ming Shao officer: SEVP & General Counsel MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Phong Le officer: SEVP & CFO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jeanine Montgomery officer: Senior VP & CAO C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Timothy Edwin Lang officer: SEVP & CTO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Leslie J Rechan director 2207 BRIDGEPOINTE PARKWAY, SAN MATEO CA 94404
Andrew Kang officer: SEVP & CFO 5565 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
Kevin Adkisson officer: SEVP & CRO 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Stephen X Graham director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Lisa Mayr officer: SEVP & CFO C/O MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Robert H Epstein director 1850 TOWERS CRESCENT PLAZA, VIENNA VA 22182
Kevin Norlin officer: SEVP, Worldwide Sales MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Margaret Anne Breya director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182