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Firsthand Technology Value Fund (Firsthand Technology Value Fund) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Firsthand Technology Value Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Firsthand Technology Value Fund's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Firsthand Technology Value Fund's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.66.


Firsthand Technology Value Fund Accounts Receivable Historical Data

The historical data trend for Firsthand Technology Value Fund'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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Firsthand Technology Value Fund Accounts Receivable Chart

Firsthand Technology Value Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Firsthand Technology Value Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Firsthand Technology Value Fund Accounts Receivable Calculation

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


Firsthand Technology Value Fund 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.

Firsthand Technology Value Fund'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/-3.91*91
=

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

Firsthand Technology Value Fund'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)
=(0.003+0.75 * 0+0.5 * 0-4.579
-0-0)/6.89306
=-0.66

* 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.


Firsthand Technology Value Fund Accounts Receivable Related Terms

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Firsthand Technology Value Fund (Firsthand Technology Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments.
Executives
Star Equity Fund, Lp 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Equity Fund Gp, Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Investment Management Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Equity Holdings, Inc. 10 percent owner 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Star Value, Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Kevin M Landis director, officer: President 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Greg Burglin director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Mark F Fitzgerald director PO BOX 1168, GENOA NV 89411-1168
Kimun Lee director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Omar Billawala officer: CFO 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Nicholas P Petredis director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Steady Gain Partners Lp 10 percent owner 2000 ROYAL COURT, UNIT 2315, NORTH HILLS NY 11040
Full Value Offshore Fund, Ltd. 10 percent owner C.O MAPLES CORPORATE SERVICES LIMITED, P.O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104