FIGP (Forge Group) Accounts Receivable: $0.00 Mil (As of . 20)

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FIGP Forge Group Inc FIGP
22 GF Score
Price $20.50
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What is Forge Group Accounts Receivable?

Forge Group FIGP 22 Accounts Receivable is $0.00 Mil as of . 20. GuruFocus rates FIGP with a GF Score™ of 22/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Forge Group's accounts receivables for the quarter that ended in . 20 was $0.00 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. Forge Group's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.

Forge 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.

Forge Group's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Forge Group's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.

Forge Group Accounts Receivable Related Terms

Forge Group Accounts Receivable Historical Data

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The historical data trend for Forge 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.

Forge Group Accounts Receivable Chart

Forge Group Annual Data
Trend
Accounts Receivable

Forge Group Semi-Annual Data
Accounts Receivable
FIGP
22GF Score
Forge Group Inc FIGP
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Forge 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 $0.00 Mil mean?
Forge Group (FIGP) has a Accounts Receivable of $0.00 Mil as of . 20. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Forge Group and its competitors.
Is Forge Group's Accounts Receivable too high?
Forge Group's current Accounts Receivable is $0.00 Mil. Overall, Forge Group has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Forge Group's Accounts Receivable compare to PRHI and CB?
Forge Group's Accounts Receivable of $0.00 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Accounts Receivable depends on the Insurance 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 Forge Group and its competitors. Forge Group's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Group stock overvalued right now?
Forge Group (FIGP) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Forge Group's overall GF Score™ is 22/100. 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 Forge Group (FIGP), the current Accounts Receivable is $0.00 Mil as of . 20. 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.

Forge Group Business Description

Address 7910 Woodmont Avenue, Suite 925, Bethesda, MD, USA, 20814
Forge Group Inc operates as a specialist commercial automobile insurance business. It provides commercial automobile insurance products targeted to owners and operators of taxi cabs, passenger sedans, and other light transportation vehicles, including golf carts and school vans. It manages business through two segments: insurance and commercial real estate investments. Geographically, operations of the company are concentrated in USA regions.
22GF 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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