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Baker Hughes Co (Baker Hughes Co) Accounts Receivable : $5,863 Mil (As of Mar. 2024)


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What is Baker Hughes Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Baker Hughes Co's accounts receivables for the quarter that ended in Mar. 2024 was $5,863 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Baker Hughes Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 83.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Baker Hughes Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-12.00.


Baker Hughes Co Accounts Receivable Historical Data

The historical data trend for Baker Hughes Co'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.

Baker Hughes Co Accounts Receivable Chart

Baker Hughes Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 5,448.00 4,676.00 4,724.00 5,083.00 6,033.00

Baker Hughes Co 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 5,264.00 5,414.00 5,570.00 6,033.00 5,863.00

Baker Hughes Co Accounts Receivable Calculation

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


Baker Hughes Co 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5863/6418*91
=83.36

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

Baker Hughes Co'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)
=(2717+0.75 * 5863+0.5 * 5339-21591
-0-159)/997.513
=-12.00

* 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.


Baker Hughes Co Accounts Receivable Related Terms

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Baker Hughes Co (Baker Hughes Co) Business Description

Address
17021 Aldine Westfield Road, Houston, TX, USA, 77073-5101
Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.
Executives
Maria C Borras officer: EVP, Oilfield Services & Equip 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Regina Jones officer: Chief Legal Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Lorenzo Simonelli director, officer: Chairman, President and CEO 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
James E Apostolides officer: SVP, Enterprise Op Excellence 17021 ALDINE WESTFIELD RD, HOUSTON TX 77073
Rebecca L Charlton officer: SVP, Controller & CAO 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Mohsen Sohi director C/O STERIS CORPORATION, 5960 HEISLEY ROAD, MENTOR OH 44060
Michael R Dumais director 870 WINTER STREET, WALTHAM MA 02451
William G Beattie director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John G Rice director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Lynn Laverty Elsenhans director 6400 POPLAR AVENUE, MEMPHIS TN 38197
Cynthia B Carroll director C/O ALCAN INC., 1188 SHERBROOKE STREET WEST, MONTREAL A8 H3A 3G2
Gregory D Brenneman director
Kurt Camilleri officer: SVP/Controller/Chief Acctg Off 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Sreeganesh Ramaswamy officer: EVP, Industrial & Energy Tech 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209