Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Federal Agricultural Mortgage's accounts receivables for the quarter that ended in Dec. 2023 was $287.1 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Federal Agricultural Mortgage's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 308.24.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Federal Agricultural Mortgage's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1,571.81.
Federal Agricultural Mortgage Accounts Receivable Historical Data
The historical data trend for Federal Agricultural Mortgage'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.
Federal Agricultural Mortgage Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Federal Agricultural Mortgage 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.
Federal Agricultural Mortgage's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Federal Agricultural Mortgage's accounts receivable are only considered to be worth 75% of book value:
Federal Agricultural Mortgage's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Federal Agricultural Mortgage Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Federal Agricultural Mortgage's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Federal Agricultural Mortgage (Federal Agricultural Mortgage) Business Description
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.
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