SHF Holdings (NAS:SHFS) Accounts Receivable

: $1.44 Mil (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SHF Holdings's accounts receivables for the quarter that ended in Sep. 2023 was $1.44 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SHF Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 42.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SHF Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.76.

SHF Holdings Accounts Receivable Historical Data

The historical data trend for SHF Holdings'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.

SHF Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Receivable

0.25

0.53

1.44

SHF Holdings Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Receivable							0.84	1.44	1.44	1.46	1.44

SHF Holdings Accounts Receivable Calculation

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

SHF Holdings 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.

SHF Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.436	/	3.115	*	91
=	42.07

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

SHF Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(8.967	+	0.75 * 1.436	+	0.5 * 0	-	45.354
-	0	-	0)	/	46.5933
=	-0.76

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.

SHF Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of SHF Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

SHF Holdings (NAS:SHFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SHF Holdings Inc (NAS:SHFS) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

1526 Cole Boulevard, Suite 250, Golden, CO, USA, 80410

Website

https://www.shfinancial.org

SHF Holdings Inc is a financial services provider to cannabis-related businesses. It offers reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. The group, through its financial institution clients, implements accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Its services include Program Management Support, Customer Lead Generation, Ongoing Program Auditing, and Compliance Monitoring among others.

Executives

Dan Roda	officer: EVP / Chief Operating Officer	1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Jonathan Summers	director	909 BANNOCK STREET, DENVER CO 80204
Sundie Seefried	officer: Chief Executive Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Richard Carleton	director	5269 W. 62ND AVENUE, ARVADA CO 80003
John Darwin	director	909 BANNOCK STREET, DENVER CO 80204
Jonathon Niehaus	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Jennifer Meyers	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Donald Emmi	officer: Chief Legal Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Doug Fagan	director	1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Jim Dennedy	officer: Chief Financial Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Partner Colorado Credit Union	10 percent owner	6221 SHERIDAN BLVD, ARVADA CO 80003
Karl Racine	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Tyler Beuerlein	officer: Chief Business Develop Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Midtown East Management Nl Llc	10 percent owner	ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Ii Lp	10 percent owner	C/O ATALAYA CAPITAL MANAGEMENT LP, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020