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Associated Capital Group (Associated Capital Group) Accounts Receivable : $20.72 Mil (As of Dec. 2023)


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What is Associated Capital Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Associated Capital Group's accounts receivables for the quarter that ended in Dec. 2023 was $20.72 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Associated Capital Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 335.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Associated Capital Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $17.89.


Associated Capital Group Accounts Receivable Historical Data

The historical data trend for Associated 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.

Associated Capital Group Accounts Receivable Chart

Associated Capital Group 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 32.72 32.02 50.79 15.88 20.72

Associated Capital Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.88 12.35 30.06 17.57 20.72

Associated Capital Group Accounts Receivable Calculation

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


Associated 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.

Associated Capital Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.716/5.636*91
=335.40

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

Associated Capital Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(406.642+0.75 * 20.716+0.5 * 0-30.719
-0-6.103)/21.5376
=17.89

* 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.


Associated Capital Group Accounts Receivable Related Terms

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Associated Capital Group (Associated Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
191 Mason Street, Greenwich, CT, USA, 06830
Associated Capital Group Inc is a diversified global financial services company. It operates in the business of alternative investment management, institutional research services, and cash and other assets through subsidiaries. The activities of its subsidiaries comprise publishing daily research notes and full reports using private market value with a catalyst methodology and also products and customized solutions utilizing private market value with catalyst method of investing.
Executives
Ian J Mcadams officer: Interim Co-CFO 191 MASON STREET, GREENWICH CT 06830
Patrick Huvane officer: Interim Co-CFO 780 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Richard T Prins director C/O ASSOCIATED CAPITAL GROUP, INC., 191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein officer: Chief Legal Officer 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Timothy Schott officer: Executive VP & CFO 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli director, 10 percent owner, officer: Chairman & CEO 191 MASON STREET, GREENWICH CT 06830
Marc Gabelli director 401 THEODORE FREMD AVE, RYE NY 10580
Kenneth D Masiello officer: Chief Accounting Officer ONE CORPORATE CENTER, RYE NY 10580
Elisa M. Wilson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Francis J Conroy officer: Interim Chief FinancialOfficer ONE CORPORATE CENTER, RYE NY 10580
Frederic V Salerno director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Frederick J Mancheski 10 percent owner 5400 PLANTATION ROAD, UNIT 1256, CAPTIVA FL 33924
Douglas R Jamieson officer: President & CEO C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Executive Vice President ONE CORPORATE CENTER, RYE NY 10580
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403