Sprout Social (Sprout Social) Accounts Receivable : $50.4 Mil (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Sprout Social Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sprout Social's accounts receivables for the quarter that ended in Mar. 2024 was $50.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sprout Social's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 47.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sprout Social's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.96.

Sprout Social Accounts Receivable Historical Data

The historical data trend for Sprout Social'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.

Sprout Social Accounts Receivable Chart

Sprout Social Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

11.10

17.18

25.48

35.83

63.49

Sprout Social 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															36.70	42.28	45.09	63.49	50.42

Sprout Social Accounts Receivable Calculation

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

Sprout Social 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	50.417	/	96.784	*	91
=	47.53

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

Sprout Social'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)
=	(94.21	+	0.75 * 50.417	+	0.5 * 0	-	242.59
-	0	-	0)	/	56.5373
=	-1.96

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.

Sprout Social Accounts Receivable Related Terms

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

Sprout Social (Sprout Social) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sprout Social Inc (NAS:SPT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

SPT:Mexico

Address

131 South Dearborn Street, Suite 700, Chicago, IL, USA, 60603

Website

https://www.sproutsocial.com

Sprout Social Inc develops a cloud software that brings together social messaging, data and workflows in a unified system of record, intelligence, and action. The firm generates majority revenue from software subscriptions.

Executives

Justyn Russell Howard	director, 10 percent owner, officer: Chairman and CEO	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Ryan Paul Barretto	officer: President	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN AVENUE, SUITE 700, CHICAGO IL 60603
Rankin Aaron Edward Frederick	director, 10 percent owner, officer: Chief Technology Officer	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Preto Joseph Del	officer: CFO and Treasurer	600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60610
Karen Walker	director	170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Raina Moskowitz	director	117 ADAMS STREET, C/O ETSY,INC., BROOKLYN NY 11201
William Thomas Stanley	director	131 S DEARBORN ST, STE 700, CHICAGO IL 60603
Steven A Collins	director	20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Jamie Cannon Gilpin	officer: Chief Marketing Officer	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Jason Kreuziger	director	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Gs Fund Holdings, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
New Enterprise Associates 13 Lp	10 percent owner	1119 ST PAUL STREET, BALTIMORE MD 21202
Mbd Advisors, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Bridge Street Opportunity Advisors, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282