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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. EMCOR Group's accounts receivables for the quarter that ended in Jun. 2024 was $3,459 Mil.
Accounts receivable can be measured by Days Sales Outstanding. EMCOR Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 86.08.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. EMCOR Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-18.72.
The historical data trend for EMCOR Group'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.
EMCOR Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 2,030.81 | 1,922.10 | 2,204.52 | 2,567.37 | 3,203.49 |
EMCOR Group Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Accounts Receivable | Get a 7-Day Free Trial | 2,852.10 | 3,063.92 | 3,203.49 | 3,206.13 | 3,459.27 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
EMCOR Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 3459.27 | / | 3666.897 | * | 91 |
= | 86.08 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), EMCOR Group's accounts receivable are only considered to be worth 75% of book value:
EMCOR Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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) | ||
= | (807.318 | + | 0.75 * 3459.27 | + | 0.5 * 103.896 | - | 4326.952 |
- | 0 | - | 1.037) | / | 46.7123 | ||
= | -18.72 |
* 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.
Thank you for viewing the detailed overview of EMCOR Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Robin A Walker-lee | director | C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150 |
Carol P Lowe | director | 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104 |
Maxine Lum Mauricio | officer: SVP and General Counsel | 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851 |
Jason R Nalbandian | officer: SVP & Chief Accounting Officer | 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851 |
Anthony Guzzi | officer: President & COO | 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851 |
R Kevin Matz | officer: SVP, Admin & Strategic Service | 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851 |
Mark A Pompa | officer: SVP, CAO & Treasurer | 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851 |
Rebecca A Weyenberg | director | 1725 SHEPHERD RD, CHATTANOOGA TN 37421 |
M Kevin Mcevoy | director | C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011 |
William P Reid | director | 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851 |
Hamm Richard F Jr | director | 6370 OXBOW BEND, CHANHASSEN MN 55317 |
Ronald L Johnson | director | 3344 PEACHTREE STREET NE, #3403, ATLANTA GA 30326 |
John W Altmeyer | director | 946 HIGHMEADOW COURT, LANCASTER PA 17601 |
Brown David A B | director | |
Jerry E Ryan | director | 3201 EAST 65TH, TULSA OK 74136 |
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