Startengine Crowdfunding (Startengine Crowdfunding) Accounts Receivable : $0.27 Mil (As of Mar. 2024)

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What is Startengine Crowdfunding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Startengine Crowdfunding's accounts receivables for the quarter that ended in Mar. 2024 was $0.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Startengine Crowdfunding's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 2.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Startengine Crowdfunding's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.01.

Startengine Crowdfunding Accounts Receivable Historical Data

The historical data trend for Startengine Crowdfunding'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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Startengine Crowdfunding Accounts Receivable Chart

Startengine Crowdfunding Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

1.48

0.68

0.19

Startengine Crowdfunding Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial							1.19	1.09	0.75	0.19	0.27

Startengine Crowdfunding Accounts Receivable Calculation

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

Startengine Crowdfunding 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.265	/	9.758	*	91
=	2.48

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

Startengine Crowdfunding'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)
=	(10.638	+	0.75 * 0.265	+	0.5 * 0	-	7.335
-	7.977	-	-0.013)	/	697.054
=	-0.01

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.

Startengine Crowdfunding Accounts Receivable Related Terms

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Startengine Crowdfunding (Startengine Crowdfunding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Startengine Crowdfunding Inc (OTCPK:STGC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4100 West Alameda Avenue, 3rd Floor, Burbank, CA, USA, 91505

Website

https://www.startengine.com

Startengine Crowdfunding Inc is an equity crowdfunding platform. The company allows investors and common people to invest in start-up projects and early-stage companies. Also, it facilitates small and medium-sized businesses in raising capital at every stage and provides related services.

Executives

Joshua Daniel Amster	officer: VP, Fundraising	16029 SKYTOP RD ENCINO CA 91436
Jonathan Reyes	officer: Chief Compliance Officer	3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Aubrey Chernick	10 percent owner	C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Lee Miller	10 percent owner	1014 23RD ST. SANTA MONICA CA 90403
Johanna Cronin	officer: Chief Marketing Officer	3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Howard Edward Marks	director, 10 percent owner, officer: Chief Executive Officer	2900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Ronald David Miller	director, 10 percent owner	3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Jebsen Allen C D	officer: SVP, Fundraising	3900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Hunter Strassman	officer: VP, Finance	C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STRE 1200 BURBANK CA 91515
Joeseph Mathews	officer: Chief Technology Officer	C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE. SUITE 1200 BURBANK CA 91505

Startengine Crowdfunding (Startengine Crowdfunding) Headlines

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