Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gladstone Capital's accounts receivables for the quarter that ended in Mar. 2024 was $7.68 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Gladstone Capital's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 24.92.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gladstone Capital's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-17.02.
Gladstone Capital Accounts Receivable Historical Data
The historical data trend for Gladstone Capital'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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Gladstone Capital 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.
Gladstone Capital's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Gladstone Capital's accounts receivable are only considered to be worth 75% of book value:
Gladstone Capital's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:
* 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.
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.
Gladstone Capital Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Gladstone Capital's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Gladstone Capital (Gladstone Capital) Business Description
Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GLAD has been successfully added to your 