Equity Story Group (ASX:EQS) Accounts Receivable : A$0.08 Mil (As of Dec. 2024)

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What is Equity Story Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Equity Story Group's accounts receivables for the quarter that ended in Dec. 2024 was A$0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Equity Story Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 31.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Equity Story Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.01.

Equity Story Group Accounts Receivable Historical Data

The historical data trend for Equity Story 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.

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Equity Story Group Accounts Receivable Chart

Equity Story Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Accounts Receivable

0.11

0.02

0.03

Equity Story Group Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			-	0.02	0.13	0.03	0.08

Equity Story Group Accounts Receivable Calculation

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

Equity Story 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.

Equity Story Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.082	/	0.474	*	91
=	31.57

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

Equity Story Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(0.4	+	0.75 * 0.082	+	0.5 * 0	-	1.996
-	0	-	0)	/	146.590
=	-0.01

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.

Equity Story Group Accounts Receivable Related Terms

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Equity Story Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Equity Story Group Ltd (ASX:EQS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 North Fort Road, Barracks Precinct, Manly, NSW, AUS, 2095

Website

https://www.equitystory.com.au

Equity Story Group Ltd is engaged in the business of stock market trading advice, research, investor education, and funds management. It has two operating segments which were Equity Story Pty Ltd and Equity Story Securities Pty Limited and Others.