Markforged Holding (Markforged Holding) Accounts Receivable : $21.49 Mil (As of Mar. 2024)

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What is Markforged Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Markforged Holding's accounts receivables for the quarter that ended in Mar. 2024 was $21.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Markforged Holding's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 95.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Markforged Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.16.

Markforged Holding Accounts Receivable Historical Data

The historical data trend for Markforged Holding'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.

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Markforged Holding Accounts Receivable Chart

Markforged Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

16.60

26.78

29.29

24.06

Markforged Holding Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial										26.12	27.10	22.30	24.06	21.49

Markforged Holding Accounts Receivable Calculation

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

Markforged Holding 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.493	/	20.547	*	91
=	95.45

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

Markforged Holding'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)
=	(107.924	+	0.75 * 21.493	+	0.5 * 23.792	-	103.727
-	0	-	0)	/	199.4
=	0.16

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.

Markforged Holding Accounts Receivable Related Terms

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Markforged Holding (Markforged Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Markforged Holding Corp (NYSE:MKFG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Pleasant Street, Watertown, MA, USA, 02472

Website

https://www.markforged.com

Markforged Holding Corp transforms manufacturing with 3D metal and continuous carbon fiber printers capable of producing parts tough enough for the factory floor. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to eliminate the barriers between design and functional parts. The company's geographical segments include the Americas; Europe, the Middle East, Africa; and Asia-Pacific.

Executives

Aaron Vandevender	director	1 TOWER PLACE, SUITE 850, SOUTH SAN FRANCISCO CA 94080
Assaf Zipori	officer: Acting Chief Financial Officer	MARKFORGED HOLDING CORP, 60 TOWER ROAD, WALTHAM MA 02451
Shai Terem	director, officer: President and CEO	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Mark Joseph Schwartz	officer: Chief Financial Officer	4104 24TH STREET #345, SAN FRANCISCO CA 94114
Gregory Mark	10 percent owner	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
David Benhaim	officer: Chief Technology Officer	C/O MARKFORGED, 480 PLEASANT STREET, WATERTWON MA 02472
Stephen Karp	officer: General Counsel	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Carol Meyers	director	3 BATTERY WHARF, UNIT 3408, BOSTON MA 02109
Alan Masarek	director	C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
Richard A Damore	10 percent owner	C/O NORTHBRIDGE VENTURE PARTNERS, 950 WINTER ST STE 4600, WALTHAM MA 02451
North Bridge Venture Partners 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
North Bridge Venture Management 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
Michael Medici	director	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Matrix Ix Management Co. Llc	10 percent owner	101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142
Antonio L. Rodriguez	director	MATRIX PARTNERS, 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142