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 reportedQ1 2026

How to read this metric

An increase relative to sales may signal slowing collections or credit risk, while a decrease suggests efficient cash conversion.

Detailed definition

The total amount of credit extended to customers and channel partners for products sold or services rendered, minus an a...

Peer comparison

Typically scales with revenue growth; however, companies with strong direct-to-consumer channels may have lower receivables relative to those relying on third-party distributors.

Metric ID: accounts_receivable_net

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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%

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 amount of money customers owe the company for products they have already received.