Garden Stage (Garden Stage) Accounts Receivable : $0.63 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Garden Stage Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Garden Stage's accounts receivables for the quarter that ended in Sep. 2023 was $0.63 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Garden Stage's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 159.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Garden Stage's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.33.

Garden Stage Accounts Receivable Historical Data

The historical data trend for Garden Stage'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.

Garden Stage Accounts Receivable Chart

Garden Stage Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

2.58

2.05

6.12

Garden Stage Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			-	2.05	1.85	6.12	0.63

Garden Stage Accounts Receivable Calculation

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

Garden Stage 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.

Garden Stage's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.634	/	0.725	*	91
=	159.59

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

Garden Stage's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=	(0.677	+	0.75 * 0.634	+	0.5 * 0	-	6.082
-	0	-	0)	/	14.75
=	-0.33

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.

Garden Stage Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Garden Stage's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Garden Stage (Garden Stage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Garden Stage Ltd (NAS:GSIW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 Des Voeux Road Central, Room 201, 2/F, China Insurance Group Building, Hong Kong, HKG

Website

https://www.iwinsec.com

Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: a) I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.