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S&P Global (S&P Global) Accounts Receivable : $2,979 Mil (As of Mar. 2024)


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What is S&P Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. S&P Global's accounts receivables for the quarter that ended in Mar. 2024 was $2,979 Mil.

Accounts receivable can be measured by Days Sales Outstanding. S&P Global's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 77.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. S&P Global's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-71.46.


S&P Global Accounts Receivable Historical Data

The historical data trend for S&P Global'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.

S&P Global Accounts Receivable Chart

S&P Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,577.00 1,593.00 1,650.00 2,494.00 2,826.00

S&P Global 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 2,478.00 2,545.00 2,547.00 2,826.00 2,979.00

S&P Global Accounts Receivable Calculation

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


S&P Global 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.

S&P Global's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2979/3491*91
=77.87

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

S&P Global'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)
=(1543+0.75 * 2979+0.5 * 0-22228
-0-3922)/313.1
=-71.46

* 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.


S&P Global Accounts Receivable Related Terms

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S&P Global (S&P Global) Business Description

Address
55 Water Street, New York, NY, USA, 10041
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.
Executives
Douglas L. Peterson director, officer: CEO & President MCGRAW HILL FINANCIAL, 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Saugata Saha officer: President, S&P Global Platts 55 WATER STREET, NEW YORK NY 10041
Ewout L Steenbergen officer: EVP & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Adam Jason Kansler officer: President, Market Intelligence C/O MARKIT LTD, 4TH FL, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Dimitra Manis officer: Chief People Officer 55 WATER STREET, S&P GLOBAL, 45TH FLOOR, NEW YORK NY 10041
Steven J Kemps officer: EVP, General Counsel 2515 MCKINNEY AVENUE, SUITE 1200, DALLAS TX 75201
Sally Moore officer: EVP, Strategic Alliances 55 WATER STREET, NEW YORK NY 10041
Deborah D Mcwhinney director PO BOX 40 EAST BROADWAY, BUTTE MT 59701
Robert P Kelly director ONE MELLON CENTER, PITTSBURGH PA 15258-0001
Christopher Craig officer: SVP and Controller 55 WATER STREET, LEGAL DEPARTMENT, NEW YORK NY 10041
Martina Cheung officer: EMD, Head of Global Risk Svcs 55 WATER STREET, NEW YORK NY 10020
John L Berisford officer: President, S&P Ratings C/O THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Nancy Luquette officer: SVP, Chief Risk & Audit Exec S&P GLOBAL, 55 WATER STREET, NEW YORK NY 10041
Jacques Esculier director C/O AMERICAN STANDARD COMPANIES INC, ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Gay Huey Evans director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084