Proto Labs (WBO:PRLB) Accounts Receivable : €71.6 Mil (As of Mar. 2024)

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What is Proto Labs Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Proto Labs's accounts receivables for the quarter that ended in Mar. 2024 was €71.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Proto Labs's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 55.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Proto Labs's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €3.34.

Proto Labs Accounts Receivable Historical Data

The historical data trend for Proto Labs'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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Proto Labs Accounts Receivable Chart

Proto Labs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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51.71

47.58

70.85

71.96

66.80

Proto Labs 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															72.50	69.26	73.46	66.80	71.62

Proto Labs Accounts Receivable Calculation

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

Proto Labs 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	71.621	/	117.659	*	91
=	55.55

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

Proto Labs'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)
=	(100.905	+	0.75 * 71.621	+	0.5 * 11.797	-	75.894
-	0	-	0)	/	25.3161
=	3.34

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.

Proto Labs Accounts Receivable Related Terms

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Proto Labs (WBO:PRLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proto Labs Inc (WBO:PRLB) » Definitions » Accounts Receivable

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PRLB:USA PRZ:Germany

Address

5540 Pioneer Creek Drive, Maple Plain, MN, USA, 55359

Website

https://www.protolabs.com

Proto Labs Inc is an on-demand manufacturer of custom parts for prototyping and short-run production. The company offers developers and engineers quick-turn production services to reduce the time to market. Proto Labs uses injection molding, computer numerical control machining, and 3-D printing to manufacture custom parts for its clients. The company services clients' needs for prototype solutions, parts for testing procedures, bridge production capabilities during disruptions in manufacturing processes, limited-quantity requests, and end-of-life production support. The majority of its revenue is derived from the United States of America.