Intercontinental Exchange (Intercontinental Exchange) Accounts Receivable : $1,366 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Intercontinental Exchange Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Intercontinental Exchange's accounts receivables for the quarter that ended in Dec. 2023 was $1,366 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Intercontinental Exchange's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Intercontinental Exchange's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-188.85.

Intercontinental Exchange Accounts Receivable Historical Data

The historical data trend for Intercontinental Exchange'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.

Intercontinental Exchange Accounts Receivable Chart

Intercontinental Exchange Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

988.00

1,230.00

1,208.00

1,169.00

1,366.00

Intercontinental Exchange Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															1,169.00	1,650.00	1,313.00	1,422.00	1,366.00

Intercontinental Exchange Accounts Receivable Calculation

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

Intercontinental Exchange 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.

Intercontinental Exchange's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1366	/	2666	*	91
=	46.75

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

Intercontinental Exchange's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(1129	+	0.75 * 1366	+	0.5 * 0	-	110298
-	0	-	69)	/	573
=	-188.85

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.

Intercontinental Exchange Accounts Receivable Related Terms

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

Intercontinental Exchange (Intercontinental Exchange) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Intercontinental Exchange Inc (NYSE:ICE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ICE:Mexico IC2:Germany

Address

5660 New Northside Drive, Atlanta, GA, USA, 30328

Website

https://www.theice.com

Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 56% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (15% of net revenue) and fixed-income and data services segment (29% of net revenue).

Executives

Jeffrey C Sprecher	director, officer: Chief Executive Officer	2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Andrew J Surdykowski	officer: General Counsel	5660 NEW NORTHSIDE DRIVE, ATLANTA GA 30328
James W Namkung	officer: Chief Accounting Officer	C/O INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DRIVE, NW, ATLANTA GA 30318
Christopher Scott Edmonds	officer: Chief Development Officer	INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DR, ATLANTA GA 30328
Warren Gardiner	officer: Chief Financial Officer	INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DR, ATLANTA GA 30328
Benjamin Jackson	officer: President	C/O INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DRIVE, ATLANTA GA 30328
Douglas Foley	officer: SVP, HR & Administration	INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DR, ATLANTA GA 30328
Martha A Tirinnanzi	director	INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DR, ATLANTA GA 30328
Stuart Glen Williams	officer: Chief Operating Officer	INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DR., ATLANTA GA 30328
William Jefferson Hague	director	C/O ICE, 5660 NEW NORTHSIDE DRIVE, ATLANTA GA 30328
Mark Wassersug	officer: Chief Operating Officer	5660 NEW NORTHSIDE DRIVE, ATLANTA GA 30328
Mayur Kapani	officer: Chief Technology Officer	INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DR, ATLANTA GA 30328
David S Goone	officer: Sr VP, Chief Strategic Officer	2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Lynn C Martin	officer: President & COO, ICE Data Serv	5660 NEW NORTHSIDE DRIVE, ATLANTA GA 30318
Charles R Crisp	director	1301 MCKINNEY STE 700, HOUSTON TX 77010