Silver Spike Investment (Silver Spike Investment) Accounts Receivable : $0.00 Mil (As of Dec. 2023)

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What is Silver Spike Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Silver Spike Investment's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Silver Spike Investment's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Silver Spike Investment's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $4.76.

Silver Spike Investment Accounts Receivable Historical Data

The historical data trend for Silver Spike Investment'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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Silver Spike Investment Accounts Receivable Chart

Silver Spike Investment Annual Data

Trend

Mar21

Mar22

Dec23

Accounts Receivable

Silver Spike Investment Quarterly Data
	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial				-	-	-	-	-

Silver Spike Investment Accounts Receivable Calculation

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

Silver Spike Investment 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.

Silver Spike Investment's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	3.62	*	91
=	0.00

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

Silver Spike Investment'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)
=	(32.612	+	0.75 * 0	+	0.5 * 0	-	3.024
-	0	-	0)	/	6.21494
=	4.76

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.

Silver Spike Investment Accounts Receivable Related Terms

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Silver Spike Investment (Silver Spike Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Silver Spike Investment Corp (NAS:SSIC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Madison Avenue, Suite 1800, New York, NY, USA, 10022

Website

https://www.silverspikecap.com

Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.

Executives

Umesh Mahajan	officer: Chief Financial Officer	600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon	director, 10 percent owner, officer: Chief Executive Officer	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile	10 percent owner, officer: CFO, CCO & Sec.	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc	10 percent owner	600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy	director	1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp	10 percent owner	600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc	10 percent owner	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065