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MediaAlpha (MediaAlpha) Accounts Receivable : $57.5 Mil (As of Mar. 2024)


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What is MediaAlpha Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MediaAlpha's accounts receivables for the quarter that ended in Mar. 2024 was $57.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MediaAlpha's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 41.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MediaAlpha's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.25.


MediaAlpha Accounts Receivable Historical Data

The historical data trend for MediaAlpha'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.

MediaAlpha Accounts Receivable Chart

MediaAlpha Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 56.01 96.30 76.09 60.00 53.77

MediaAlpha 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 43.13 32.59 33.05 53.77 57.50

MediaAlpha Accounts Receivable Calculation

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


MediaAlpha 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=57.495/126.649*91
=41.42

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

MediaAlpha'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)
=(14.471+0.75 * 57.495+0.5 * 0-242.426
-0--70.335)/50.8253
=-2.25

* 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.


MediaAlpha Accounts Receivable Related Terms

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MediaAlpha (MediaAlpha) Business Description

Traded in Other Exchanges
N/A
Address
700 South Flower Street, Suite 640, Los Angeles, CA, USA, 90017
MediaAlpha Inc provides a platform that facilitates insurance carriers and distributors target and acquire customers. The company's technology platform brings insurance carriers and consumers together through a real-time, transparent, and results-driven ecosystem. It acts as a customer acquisition channel in the areas of property & casualty insurance, health insurance, and life insurance. The company operates in the United States and generates revenue by earning a fee for each consumer referral sold on its platform.
Executives
Wm Hinson (bermuda) Ltd. 10 percent owner 26 REID STREET, SUITE 601, HAMILTON D0 HM 11
White Mountains Insurance Group Ltd 10 percent owner 23 SOUTH MAIN STREET, SUITE 3B, HANOVER NH 03755
Steven Yi director, officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Eugene Nonko director, officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Wm Birkdale, Ltd. 10 percent owner C/O ALTER DOMUS, 18 ST. SWITHIN'S LANE, LONDON X0 EC4N 8AD
Wm International Holdings Ltd 10 percent owner C/O ALTER DOMUS, 18 ST. SWITHIN'S LANE, LONDON X0 EC4N 8AD
Bridge Holdings (bermuda) Ltd. 10 percent owner 14 WESLEY STREET, 5TH FLOOR, HAMILTON D0 HM 11
Patrick Ryan Thompson officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Serge Topjian officer: VICE PRESIDENT, MEDIA BUYING 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Brian Mikalis officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Kuanling Amy Yeh officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Keith Cramer officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Carlson Cort Allan officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Catherine Hull Cunningham officer: Chief People Officer 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Jeff Sweetser officer: See Remarks 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017