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Custom Truck One Source (Custom Truck One Source) Accounts Receivable : $169 Mil (As of Mar. 2024)


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What is Custom Truck One Source Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Custom Truck One Source's accounts receivables for the quarter that ended in Mar. 2024 was $169 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Custom Truck One Source's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Custom Truck One Source's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-7.75.


Custom Truck One Source Accounts Receivable Historical Data

The historical data trend for Custom Truck One Source'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.

Custom Truck One Source Accounts Receivable Chart

Custom Truck One Source Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 71.32 60.93 168.39 193.11 215.09

Custom Truck One Source 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 167.64 151.95 156.31 215.09 169.30

Custom Truck One Source Accounts Receivable Calculation

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


Custom Truck One Source 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.

Custom Truck One Source's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=169.304/411.307*91
=37.56

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

Custom Truck One Source'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)
=(7.99+0.75 * 169.304+0.5 * 1103.433-2553.837
-0-0)/240.827
=-7.75

* 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.


Custom Truck One Source Accounts Receivable Related Terms

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Custom Truck One Source (Custom Truck One Source) Business Description

Traded in Other Exchanges
N/A
Address
7701 Independence Avenue, Kansas, MO, USA, 64125
Custom Truck One Source Inc is a one-stop-shop provider of specialty equipment in the electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure end-markets in North America. The company's segment includes Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). It generates maximum revenue from the TES segment. Geographically, it derives a majority of revenue from the United States.
Executives
Christopher J Eperjesy officer: Chief Financial Officer 505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Mark Ein director, 10 percent owner, officer: Chairman and CEO
Ecp Controlco, Llc 10 percent owner 40 BEECHWOOD ROAD, SUMMIT NJ 07901
Raymond Todd Barrett officer: Chief Accounting Officer 6714 POINT INVERNESS WAY, STE 220, FORT WAYNE IN 46804
Paul M Jolas officer: EVP, General Counsel & Sec 331 N. MAIN ST., EULESS TX 76039
Mary M. Jackson director 7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
Blackstone Holdings Iii L.p. other: See Remarks C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Energy Partners Nq L.p. 10 percent owner C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Ecp Cardinal Holdings, Lp director, 10 percent owner 40 BEECHWOOD ROAD, SUMMIT NJ 07901
Thomas R. Rich officer: EVP - Rentals C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
James Carlsen officer: CIO C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Blackstone Family Investment Partnership Vi-nq Esc L.p. 10 percent owner C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Vi-nq Side-by-side Gp L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154