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BILL Holdings (BILL Holdings) Accounts Receivable : $30 Mil (As of Mar. 2024)


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What is BILL Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BILL Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BILL Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 8.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BILL Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-30.69.


BILL Holdings Accounts Receivable Historical Data

The historical data trend for BILL Holdings'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.

BILL Holdings Accounts Receivable Chart

BILL Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 4.40 4.25 18.22 24.05 28.23

BILL Holdings 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 34.07 28.23 24.10 26.65 29.89

BILL Holdings Accounts Receivable Calculation

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


BILL Holdings 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.

BILL Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.891/323.028*91
=8.44

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

BILL Holdings'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)
=(1789.614+0.75 * 29.891+0.5 * 0-5063.525
-0-0)/105.942
=-30.69

* 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.


BILL Holdings Accounts Receivable Related Terms

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BILL Holdings (BILL Holdings) Business Description

Traded in Other Exchanges
Address
6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Executives
Rajesh A. Aji officer: General Counsel & CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Loren Padelford officer: CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Germaine Cota officer: SVP, Finance & Accounting 675 CREEKSIDE DRIVE, CAMPBELL CA 95008
John R. Rettig officer: CFO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Rene A. Lacerte director, officer: President and CEO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
David Hornik director, 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Alison Wagonfeld director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Brian Jacobs director
Steven Cakebread director YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
Bora Chung officer: SVP of Products C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303
Blake Thomas Murray officer: CEO, DivvyPay, LLC C/O BILL.COM HOLDINGS, INC., 6220 AMERICA CENTER DRIVE, SUITE 100, SAN JOSE CA 95002
Tina Reich director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Aida Alvarez director 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630
Allison Mnookin director C/O INTUIT, 150 CAMBRIDGE PARK DRIVE, CAMBRIDGE MA 02140