FINR (Fintech Scion) Accounts Receivable: $0.06 Mil (As of Sep. 2024)

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What is Fintech Scion Accounts Receivable?

Fintech Scion FINR +6,900.00% Accounts Receivable is $0.06 Mil as of Sep. 2024.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fintech Scion's accounts receivables for the quarter that ended in Sep. 2024 was $0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fintech Scion's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 23.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fintech Scion's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.00.

Fintech Scion 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.

Fintech Scion's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.056/0.22*91
=23.23

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

Fintech Scion's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(4.015+0.75 * 0.056+0.5 * 0.012-4.129
-0--0.002)/198.743
=-0.00

* 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.

Fintech Scion Accounts Receivable Related Terms

Fintech Scion Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Fintech Scion'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.

Fintech Scion Accounts Receivable Chart

Fintech Scion Annual Data
Trend Oct14 Oct15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.79 0.06

Fintech Scion Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.54 0.06 0.04 0.06 0.06

Fintech Scion 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 $0.06 Mil mean?
Fintech Scion (FINR) has a Accounts Receivable of $0.06 Mil as of Sep. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Fintech Scion and its competitors.
Is Fintech Scion's Accounts Receivable too high?
Fintech Scion's current Accounts Receivable is $0.06 Mil.
How does Fintech Scion's Accounts Receivable compare to UBXG and ARAT?
Fintech Scion's Accounts Receivable of $0.06 Mil can be compared against companies in the Software 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 a Software company?
A good Accounts Receivable depends on the Software 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 Fintech Scion and its competitors. Fintech Scion's current Accounts Receivable is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fintech Scion stock overvalued right now?
Fintech Scion (FINR) has a current Accounts Receivable of $0.06 Mil. The current Accounts Receivable is $0.06 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 Fintech Scion (FINR), the current Accounts Receivable is $0.06 Mil as of Sep. 2024. 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.

Fintech Scion Business Description

Address Portman House, 2 Portman Street, London, GBR, W1H 6DU
Fintech Scion Ltd is a fintech enterprise poised to revolutionize the financial landscape through its digital Banking-as-a-Service (BaaS) platform. Its mission is to empower merchants by furnishing them with an integrated suite of tools, skills, and solutions that streamline payment services, unlocking a realm of secure, online, and fully managed transactions and settlements. Its cutting-edge payments platform boasts a comprehensive suite of integrated payment products and services tailored to various channels be it in-store, online, or through mobile and tablet interfaces. This suite encompasses end-to-end payment processing for an array of payment types, merchant acquiring and issuing, diverse methods of mobile and contactless payments, and QR code-based solutions.