Twin Disc (Twin Disc) Accounts Receivable : $41.0 Mil (As of Mar. 2024)

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What is Twin Disc Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Twin Disc's accounts receivables for the quarter that ended in Mar. 2024 was $41.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Twin Disc's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Twin Disc's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.64.

Twin Disc Accounts Receivable Historical Data

The historical data trend for Twin Disc'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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Twin Disc Accounts Receivable Chart

Twin Disc Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

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44.01

30.68

39.49

45.45

54.76

Twin Disc 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															44.44	54.76	39.76	41.43	40.95

Twin Disc Accounts Receivable Calculation

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

Twin Disc 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	40.95	/	74.161	*	91
=	50.39

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

Twin Disc'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)
=	(23.843	+	0.75 * 40.95	+	0.5 * 129.845	-	141.81
-	0	-	0.648)	/	13.9956
=	-1.64

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.

Twin Disc Accounts Receivable Related Terms

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Twin Disc (Twin Disc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Twin Disc Inc (NAS:TWIN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

TWN:Germany

Address

222 East Erie Street, Suite 400, Milwaukee, WI, USA, 53202

Website

https://www.twindisc.com

Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.

Executives

Kevin M. Olsen	director	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Juliann Larimer	director	C/O ZEBRA TECHNOLOGIES CORPORATION, 333 CORPORATE WOODS PARKWAY, VERNON HILLS IL 60061
Michael Doar	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
David B Rayburn	director
Malcolm F Moore	director	143 WATER STREET, 143 WATER STREET, WEST BEND WI 53095
Christopher Daniel Bridleman	officer: VP Global Operations	1328 RACINE STREET, RACINE WI 53403
Denise Wilcox	officer: VP-HUMAN RESOURCES	1328 RACINE STREET, RACINE WI 53403
Jeffrey Scott Knutson	officer: Corporate Controller	1328 RACINE STREET, RACINE WI 53403
John H Batten	officer: VP-GM - Marine	1328 RACINE ST., RACINE WI 53403
David R Zimmer	director	1255 INDIAN MOUND WEST, BLOOMFIELD MI 48301
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Janet Plaut Giesselman	director	25435 HARVARD RD., BEACHWOOD OH 44122