Current Assets
Accounts Receivable
Barnes Group Accounts Receivable decreased by 5.3% to $327.06M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.1%, from $348.46M to $327.06M. Over 3 years (FY 2020 to FY 2023), Accounts Receivable shows an upward trend with a 12.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2024Oct 29, 2024
How to read this metric
Rapid growth relative to sales may indicate collection issues or aggressive revenue recognition; stability suggests efficient cash conversion.
Detailed definition
This represents the total amount owed to the company by customers for goods or services delivered, minus the allowance f...
Peer comparison
Standard metric for all companies with B2B or credit-based sales models.
Metric ID:
accounts_receivable_netHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $260.20M | $260.15M | $262.26M | $272.35M | $281.77M | $260.16M | $291.88M | $297.90M | $311.98M | $348.46M | $353.92M | $308.73M | $345.48M | $327.06M |
| QoQ Change | — | -0.0% | +0.8% | +3.8% | +3.5% | -7.7% | +12.2% | +2.1% | +4.7% | +11.7% | +1.6% | -12.8% | +11.9% | -5.3% |
| YoY Change | — | — | — | — | +8.3% | +0.0% | +11.3% | +9.4% | +10.7% | +33.9% | +21.3% | +3.6% | +10.7% | -6.1% |
Range$260.15M – $353.92M
CAGR+7.3%
Avg YoY Growth+10.3%
Median YoY Growth+10.1%
Accounts Receivable at Other Companies
Frequently Asked Questions
- What is Barnes Group's accounts receivable?
- Barnes Group (B) reported accounts receivable of $327.06M in Q3 2024.
- How has Barnes Group's accounts receivable changed year-over-year?
- Barnes Group's accounts receivable decreased by 6.1% year-over-year, from $348.46M to $327.06M.
- What is the long-term trend for Barnes Group's accounts receivable?
- Over 3 years (2020 to 2023), Barnes Group's accounts receivable has grown at a 12.1% compound annual growth rate (CAGR), from $251.46M to $353.92M.
- What does accounts receivable mean?
- The net amount of money owed by customers after accounting for potential non-payments.