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WisdomTree (WisdomTree) Accounts Receivable : $8.8 Mil (As of Mar. 2024)


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What is WisdomTree Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WisdomTree's accounts receivables for the quarter that ended in Mar. 2024 was $8.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WisdomTree's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 8.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WisdomTree's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.86.


WisdomTree Accounts Receivable Historical Data

The historical data trend for WisdomTree'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.

WisdomTree Accounts Receivable Chart

WisdomTree Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.84 29.46 31.86 30.55 35.47

WisdomTree Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.05 1.57 35.87 35.47 8.84

WisdomTree Accounts Receivable Calculation

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


WisdomTree 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.842/96.838*91
=8.33

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

WisdomTree'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)
=(67.271+0.75 * 8.842+0.5 * 0-508.415
-0-0)/151.819
=-2.86

* 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.


WisdomTree Accounts Receivable Related Terms

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WisdomTree (WisdomTree) Business Description

Traded in Other Exchanges
Address
250 West 34th Street, 3rd Floor, New York, NY, USA, 10119
WisdomTree Inc is a financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, and solutions. It offers a broad range of ETFs and exchange-traded products (ETPs). The firm also engages in developing next-generation digital products and structures, including digital funds and tokenized assets, as well as its blockchain-native digital wallet, WisdomTree Prime.
Executives
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Peter M Ziemba director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Daniela Mielke director 8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Lynn S. Blake director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
Deborah Fuhr director C/O LGBTQ LOYALTY HOLDINGS, INC.,, 2435 N DIXIE HWY, WILTON MANORS FL 33305
Lion Point Capital, Lp other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Lion Point Holdings Gp, Llc other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Didric Cederholm other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
David M Yates officer: Chief Information Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Jonathan L Steinberg director, officer: Chief Executive Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Harold Iii Singleton director C/O WISDOMTREE INVESTMENTS, INC., 230 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10169
Frank Salerno director C/O K-SEA TRANSPORTATION PARTNERS L.P., 3245 RICHMOND TERRACE, STATEN ISLAND NY 10303
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708