Alternative Investment Trust (ASX:AIQ) Accounts Receivable: A$0.42 Mil (As of Jun. 2022)

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What is Alternative Investment Trust Accounts Receivable?

Alternative Investment Trust ASX:AIQ -3.57% Accounts Receivable is A$0.42 Mil as of Jun. 2022.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alternative Investment Trust's accounts receivables for the quarter that ended in Jun. 2022 was A$0.42 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alternative Investment Trust's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 11.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alternative Investment Trust's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was A$0.10.

Alternative Investment Trust 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.

Alternative Investment Trust's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.418/6.781*91
=11.25

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

Alternative Investment Trust's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=(3.288+0.75 * 0.418+0.5 * 0-0.447
-0-0)/32.909
=0.10

* 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.

Alternative Investment Trust Accounts Receivable Related Terms

Alternative Investment Trust Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Alternative Investment Trust'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.

Alternative Investment Trust Accounts Receivable Chart

Alternative Investment Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Alternative Investment Trust Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.10 0.00 0.15 0.00 0.42

Alternative Investment Trust 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 A$0.42 Mil mean?
Alternative Investment Trust (ASX:AIQ) has a Accounts Receivable of A$0.42 Mil as of Jun. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Alternative Investment Trust and its competitors.
Is Alternative Investment Trust's Accounts Receivable too high?
Alternative Investment Trust's current Accounts Receivable is A$0.42 Mil.
How does Alternative Investment Trust's Accounts Receivable compare to WISH and INTV?
Alternative Investment Trust's Accounts Receivable of A$0.42 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Accounts Receivable depends on the Asset Management 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 Alternative Investment Trust and its competitors. Alternative Investment Trust's current Accounts Receivable is A$0.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternative Investment Trust stock overvalued right now?
Alternative Investment Trust (ASX:AIQ) has a current Accounts Receivable of A$0.42 Mil. The current Accounts Receivable is A$0.42 Mil. 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 Alternative Investment Trust (ASX:AIQ), the current Accounts Receivable is A$0.42 Mil as of Jun. 2022. 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.

Alternative Investment Trust Business Description

Address 1 Farrer Place, Level 16, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Alternative Investment Trust is a registered managed investment scheme. Its investment objective is to generate attractive pre-tax risk adjusted absolute returns over the medium to long term while focusing on capital preservation, by gaining exposure to a portfolio of international absolute return funds and selected direct investments in subordinated debt and equity co-investments.