BENF (Beneficient) Accounts Receivable : $0.00 Mil (As of Jun. 2024)

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What is Beneficient Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beneficient's accounts receivables for the quarter that ended in Jun. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beneficient's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beneficient's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-56.42.

Beneficient Accounts Receivable Historical Data

The historical data trend for Beneficient'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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Beneficient Accounts Receivable Chart

Beneficient Annual Data

Trend

Dec20

Dec21

Mar22

Mar23

Mar24

Accounts Receivable

Beneficient Quarterly Data
	Dec20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Receivable	Get a 7-Day Free Trial							-	-	-	-	-

Beneficient Accounts Receivable Calculation

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

Beneficient 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.

Beneficient's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	10.046	*	91
=	0.00

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

Beneficient's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(304.706	+	0.75 * 0	+	0.5 * 0	-	258.542
-	0	-	285.345)	/	4.23926
=	-56.42

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.

Beneficient Accounts Receivable Related Terms

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Beneficient Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Beneficient (NAS:BENF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 N. Saint Paul Street, Suite 4850, Dallas, TX, USA, 75201

Website

https://www.trustben.com

Beneficient is a technology-enabled financial services holding company that (together with its subsidiaries) provides simple, rapid, and cost-effective liquidity solutions to participants in the alternative asset industry through its end-to-end online platform, AltAccess. BCG's products and services are designed to meet the unmet needs of mid-to-high net-worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. Its bespoke liquidity solutions for otherwise illiquid alternative asset investments are delivered through proprietary technology and an innovative financing and trust structure. It has three reportable segments consisting of Ben Liquidity, Ben Custody and Customer ExAlt Trusts.

Executives

Gwg Wind Down Trust	10 percent owner	PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Jeff Welday	officer: See Remarks	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Cangany Peter T Jr	director	220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Elizabeth C. Freeman	10 percent owner	PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Derek L. Fletcher	director, officer: See Remarks	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Life Usa, Llc	10 percent owner	325 NORTH ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Gregory W. Ezell	officer: Chief Financial Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Maria S. Rutledge	officer: Chief Technology Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Scott W. Wilson	officer: Chief Underwriting Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Samuel Hikspoors	officer: Chief Risk Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Richard W Fisher	director
James G. Silk	director, officer: See Remarks	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Emily B. Hill	director	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Holdings, Inc.	10 percent owner	325 N. ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Brad K Heppner	director, officer: See Remarks	325 N SAINT PAUL STREET, SUITE 1200, DALLAS TX 75201