GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Intuitive Machines Inc (NAS:LUNR) » Definitions » Accounts Receivable

Intuitive Machines (Intuitive Machines) Accounts Receivable : $35.2 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Intuitive Machines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Intuitive Machines's accounts receivables for the quarter that ended in Mar. 2024 was $35.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Intuitive Machines's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 43.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Intuitive Machines's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-11.37.


Intuitive Machines Accounts Receivable Historical Data

The historical data trend for Intuitive Machines'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.

Intuitive Machines Accounts Receivable Chart

Intuitive Machines Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.70 3.39 1.30 16.88

Intuitive Machines Quarterly Data
Dec20 Jun21 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 2.31 2.27 2.45 16.88 35.22

Intuitive Machines Accounts Receivable Calculation

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


Intuitive Machines 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35.223/73.068*91
=43.99

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

Intuitive Machines'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)
=(55.242+0.75 * 35.223+0.5 * 0-220.268
-0-444.153)/51.2469
=-11.37

* 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.


Intuitive Machines Accounts Receivable Related Terms

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


Intuitive Machines (Intuitive Machines) Business Description

Traded in Other Exchanges
N/A
Address
3700 Bay Area Boulevard, Sixth Floor, Suite 600, Houston, TX, USA, 77058
Intuitive Machines Inc is a space exploration, infrastructure, and services company. It is a diversified space company focused on space exploration. It supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Its products and services are offered through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.
Executives
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Anna Chiara Jones officer: GC & Corporate Secretary C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Masson Robert L. Ii director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Gm Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Intuitive Machines Kg Parent, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Ghaffarian Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Steven Vontur officer: Corporate Controller C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Liquori William John Jr director C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Kamal Seyed Ghaffarian director, 10 percent owner, officer: Executive Chairman C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Stephen J Altemus director, 10 percent owner, officer: Chief Executive Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Sallee Erik Robinson Worley officer: Chief Financial Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Crain Timothy Price Ii 10 percent owner, officer: Chief Technology Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Hgc Investment Management Inc. 10 percent owner 1073 YONGE ST, 2ND FLOOR, TORONTO A6 M4W 2L2
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Erin Clift director C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022