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Global Masters Fund (ASX:GFL) Accounts Receivable : A$0.03 Mil (As of Dec. 2024)


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What is Global Masters Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Global Masters Fund's accounts receivables for the quarter that ended in Dec. 2024 was A$0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Global Masters Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-1.95.


Global Masters Fund Accounts Receivable Historical Data

The historical data trend for Global Masters Fund'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.

Global Masters Fund Accounts Receivable Chart

Global Masters Fund Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.03 0.06 0.06

Global Masters Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.03 0.06 0.03 0.06 0.03

Global Masters Fund Accounts Receivable Calculation

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


Global Masters Fund 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.

Global Masters Fund's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.033/-0.178*91
=

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

Global Masters Fund'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)
=(0.22+0.75 * 0.033+0.5 * 0-21.203
-0-0)/10.723
=-1.95

* 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.


Global Masters Fund Accounts Receivable Related Terms

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Global Masters Fund Business Description

Traded in Other Exchanges
N/A
Address
2 Corporate Court, Level 12, Corporate Centre One, Bundall, Gold Coast, QLD, AUS, 4217
Global Masters Fund Ltd is an Australian investment company. It invests in Berkshire Hathaway Inc on NYSE and has a diversified portfolio of investments. Its core business focuses on investing in International equities to achieve medium to long-term capital growth and income.