ON24 (ONTF) Accounts Receivable : $37.9 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is ON24 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ON24's accounts receivables for the quarter that ended in Dec. 2023 was $37.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ON24's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 88.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ON24's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $3.09.

ON24 Accounts Receivable Historical Data

The historical data trend for ON24'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.

ON24 Accounts Receivable Chart

ON24 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

22.60

48.62

46.12

43.76

37.94

ON24 Quarterly Data
	Dec18	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														43.76	33.45	31.31	25.89	37.94

ON24 Accounts Receivable Calculation

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

ON24 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.

ON24's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	37.939	/	39.337	*	91
=	88.01

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), ON24's accounts receivable are only considered to be worth 75% of book value:

ON24'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)
=	(198.706	+	0.75 * 37.939	+	0.5 * 0	-	100.085
-	0	-	0)	/	41.1893
=	3.09

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.

ON24 Accounts Receivable Related Terms

Thank you for viewing the detailed overview of ON24's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

ON24 (ONTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ON24 Inc (NYSE:ONTF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Beale Street, 8th Floor, San Francisco, CA, USA, 94105

Website

https://www.on24.com

ON24 Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company derives revenue from subscription agreements with customers for accessing the platform and related services. Geographically, it derives a majority of revenue from the United States.

Executives

Sharat Sharan	director, 10 percent owner, officer: President and Chief Executive	3221 LA MESA DRIVE, SAN CARLOS CA 94070
Jayesh Sahasi	officer: EV President, Product and CTO	934 LUNDY LN, LOS ALTOS CA 94024
Dominique Trempont	director	5 RANDALL PLACE, MENLO PARK CA 94025
Steven Vattuone	officer: Chief Financial Officer	139 TOWNSEND ST, SAN FRANCISCO CA 94107
James Blackie	officer: Chief Revenue Officer	930 N WETHERLY DR #304, WEST HOLLYWOOD CA 90069
Teresa Anania	director	C/O ON24, INC., 50 BEALE STREET, 8TH FLOOR, SAN FRANCISCO CA 94015
Ronald Paul Mitchell	director	110 W. KINZIE STREET, 5TH FL, CHICAGO IL 60654
Lynrock Lake Partners Llc	10 percent owner	2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Lynrock Lake Lp	10 percent owner	2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Cynthia Paul	10 percent owner	C/O DSP GROUP, INC., 5 SHENKAR STREET, HERZELIA L3 4672505
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Anthony Zingale	director	C/O SERVICEMAX, INC., 4450 ROSEWOOD DR., #200, PLEASANTON CA 94588
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Irwin Federman	director, 10 percent owner	2735 SAND HILL ROAD, MENLO PARK CA 94025
Barry Zwarenstein	director	C/O IOMEGA CORP, 4435 EASTGATE MALL 3RD FLOOR, SAN DIEGO CA 92121