Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tenable Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $156.8 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Tenable Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 66.25.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tenable Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.88.
Tenable Holdings Accounts Receivable Historical Data
The historical data trend for Tenable Holdings'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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Tenable Holdings 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.
Tenable Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Tenable Holdings's accounts receivable are only considered to be worth 75% of book value:
Tenable Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:
* 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.
Tenable Holdings Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Tenable Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Tenable Holdings (Tenable Holdings) Business Description
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TENB has been successfully added to your 