Redwire (Redwire) Accounts Receivable : $18.9 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Redwire Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Redwire's accounts receivables for the quarter that ended in Mar. 2024 was $18.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Redwire's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Redwire's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.99.

Redwire Accounts Receivable Historical Data

The historical data trend for Redwire'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.

Redwire Accounts Receivable Chart

Redwire Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

5.35

14.82

25.52

28.93

Redwire Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial									22.55	24.85	24.41	28.93	18.94

Redwire Accounts Receivable Calculation

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

Redwire 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.935	/	87.792	*	91
=	19.68

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

Redwire'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)
=	(32.569	+	0.75 * 18.935	+	0.5 * 1.612	-	213.006
-	96.106	-	0.222)	/	65.5787
=	-3.99

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.

Redwire Accounts Receivable Related Terms

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

Redwire (Redwire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Redwire Corp (NYSE:RDW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8226 Philips Highway, Suite 101, Jacksonville, FL, USA, 32256

Website

https://www.redwirespace.com

Redwire Corp is engaged in mission-critical space solutions and reliable components for the next generation space economy, with IP for solar power generation and in-space 3D printing and manufacturing. It assists its customers in solving the complex challenges of future space missions. Its operating units are organized into broad business areas focusing on space commercialization, digitally engineered spacecraft, on-orbit servicing, assembly, and manufacturing, advanced sensors and components, and space domain awareness and resiliency.

Executives

Chris Edmunds	officer: Chief Accounting Officer	C/O REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Jonathan Baliff	director, officer: President and CFO	211 CARNEGIE CENTER, PRINCETON NJ 08540
Ae Industrial Partners Fund Ii Gp, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
M. David Kornblatt	director	1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Leslie B Daniels	director	540 MADISON, 22ND FLOOR, NEW YORK NY 10022
John S Bolton	director	GENESIS PARK HOLDINGS, 2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Michael J Bevacqua	director	SANKATY ADVISORS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bcc Redwire Aggregator, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Ae Industrial Partners Structured Solutions I Gp, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Structured Solutions I, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Michael Robert Greene	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Red Holdings, Llc	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Andrew Rush	officer: President and COO	REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Aeroequity Gp, Llc	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431