ARGC (Arion Group) Accounts Receivable: $0.13 Mil (As of Oct. 2023)

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ARGC Arion Group Corp ARGC
39 GF Score
Price $2.50
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What is Arion Group Accounts Receivable?

Arion Group ARGC 39 Accounts Receivable is $0.13 Mil as of Oct. 2023. GuruFocus rates ARGC with a GF Score™ of 39/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arion Group's accounts receivables for the quarter that ended in Oct. 2023 was $0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arion Group's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 158.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arion Group's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-0.04.

Arion 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.

Arion Group's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.13/0.075*91
=158.17

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

Arion Group's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(0+0.75 * 0.13+0.5 * 0-0.396
-0-0)/7.630
=-0.04

* 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.

Arion Group Accounts Receivable Related Terms

Arion Group Accounts Receivable Historical Data

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The historical data trend for Arion 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.

Arion Group Accounts Receivable Chart

Arion Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Arion Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.00 0.00 0.00 0.06 0.13
ARGC
39GF Score
Arion Group Corp ARGC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Arion Group Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.13 Mil mean?
Arion Group (ARGC) has a Accounts Receivable of $0.13 Mil as of Oct. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Arion Group and its competitors.
Is Arion Group's Accounts Receivable too high?
Arion Group's current Accounts Receivable is $0.13 Mil. Overall, Arion Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Arion Group's Accounts Receivable compare to competitors?
Arion Group's Accounts Receivable of $0.13 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Diversified Financial Services company?
A good Accounts Receivable depends on the Diversified Financial Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Arion Group and its competitors. Arion Group's current Accounts Receivable is $0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arion Group stock overvalued right now?
Arion Group (ARGC) has a current Accounts Receivable of $0.13 Mil. The current Accounts Receivable is $0.13 Mil. Arion Group's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Arion Group (ARGC), the current Accounts Receivable is $0.13 Mil as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arion Group Business Description

Address 11268 Rush Street, South El Monte, CA, USA, 91733
Arion Group Corp is currently a start-up company exploring various manufacturing and distribution business opportunities in the dietary ingredient and nutritional supplement industry.
39GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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