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Binah Capital Group (Binah Capital Group) Accounts Receivable : $8.55 Mil (As of Mar. 2024)


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What is Binah Capital Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Binah Capital Group's accounts receivables for the quarter that ended in Mar. 2024 was $8.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Binah Capital Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.95.

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


Binah Capital Group Accounts Receivable Historical Data

The historical data trend for Binah Capital Group'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.

* Premium members only.

Binah Capital Group Accounts Receivable Chart

Binah Capital Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
7.84 9.64 7.94 8.22

Binah Capital Group Semi-Annual Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 7.92 8.23 8.22 8.55

Binah Capital Group Accounts Receivable Calculation

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


Binah Capital Group 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.

Binah Capital Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.554/40.08*91
=38.95

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

Binah Capital Group'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)
=(5.78+0.75 * 8.554+0.5 * 0-62.414
-0-0)/0
=N/A

* 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.


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Binah Capital Group (Binah Capital Group) Business Description

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Address
One Cowboys Way, Suite 490, Frisco, TX, USA, 75034
Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

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