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ALTI (AlTi Global) Accounts Receivable : $39.9 Mil (As of Sep. 2024)


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What is AlTi Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AlTi Global's accounts receivables for the quarter that ended in Sep. 2024 was $39.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AlTi Global's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 68.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AlTi Global's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-7.96.


AlTi Global Accounts Receivable Historical Data

The historical data trend for AlTi Global'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.

AlTi Global Accounts Receivable Chart

AlTi Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
6.65 7.93 12.03 19.54 76.09

AlTi Global Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.96 76.09 42.32 38.48 39.92

AlTi Global Accounts Receivable Calculation

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


AlTi Global 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.

AlTi Global's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.924/53.343*91
=68.30

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

AlTi Global's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(222.138+0.75 * 39.924+0.5 * 0-366.598
-298.67-332.475)/93.687
=-7.96

* 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.


AlTi Global Accounts Receivable Related Terms

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AlTi Global Business Description

Traded in Other Exchanges
N/A
Address
520 Madison Avenue, 26th Floor, New York, NY, USA, 10022
AlTi Global Inc is an independent wealth and asset manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. The firm has business which is organized into two business segments that includes Wealth Management and Strategic Alternatives. Wealth Management includes providing holistic solutions for their wealth management clients through their comprehensive range of wealth management services, including investment management and advisory services. Strategic Alternatives segment, it assists their investors with alternative investments and co-investments by providing access to highly differentiated opportunities in these areas.
Executives
Spiros Maliagros director C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Ilwaddi Cayman Holdings 10 percent owner C/O GELLER ADVISORS, 909 THIRD AVENUE, NEW YORK NY 10022
Kevin P. Moran officer: Chief Operating Officer C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Michael Tiedemann director, officer: Chief Executive Officer C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Timothy F Keaney director 1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
Norma Corio director C/O GO ACQUISITION CORP., 450 W 14TH ST, NEW YORK NY 10014
Reid Parmelee officer: Chief Financial Officer ALTI GLOBAL, INC., 520 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Sai Hong Yeung 10 percent owner 22/F SOUTH CHINA BUILDING, 1-3 WYNDHAM STREET, CENTRAL, HONG KONG F4 000000
Global Goldfield Ltd 10 percent owner 22/F SOUTH CHINA BUILDING, 1-3 WYNDHAM STREET, CENTRAL, HONG KONG K3 00000
Jassim Abdulaziz Al-thani 10 percent owner C/O GELLER ADVISORS, 909 THIRD AVENUE, NEW YORK NY 10022
Graham Colleen A officer: Global General Counsel BOSTON PRIVATE FINANCIAL HOLDINGS, INC., TEN POST OFFICE SQUARE, BOSTON MA 02109
Gregory R. Armstrong director, officer: Chief Financial Officer C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Elias Diaz-sese director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Peter Yu 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017