KCG (Keystone Global Financial Group) Accounts Receivable: $1.16 Mil (As of Jun. 2025)

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What is Keystone Global Financial Group Accounts Receivable?

Keystone Global Financial Group KCG Accounts Receivable is $1.16 Mil as of Jun. 2025.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Keystone Global Financial Group's accounts receivables for the quarter that ended in Jun. 2025 was $1.16 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Keystone Global Financial Group's Days Sales Outstanding for the quarter that ended in Jun. 2025 was 90.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Keystone Global Financial Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2025 was $0.17.

Keystone Global Financial 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.

Keystone Global Financial Group's Days Sales Outstanding for the quarter that ended in Jun. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.159/2.336*91
=90.55

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

Keystone Global Financial Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2025 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)
=(2.219+0.75 * 1.159+0.5 * 0-1
-0-0)/12.500
=0.17

* 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.

Keystone Global Financial Group Accounts Receivable Related Terms

Keystone Global Financial Group Accounts Receivable Historical Data

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The historical data trend for Keystone Global Financial 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.

Keystone Global Financial Group Accounts Receivable Chart

Keystone Global Financial Group Annual Data
Trend Dec23 Dec24
Accounts Receivable
0.32 0.52

Keystone Global Financial Group Semi-Annual Data
Dec23 Jun24 Dec24 Jun25
Accounts Receivable 0.32 0.00 0.52 1.16

Keystone Global Financial 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 $1.16 Mil mean?
Keystone Global Financial Group (KCG) has a Accounts Receivable of $1.16 Mil as of Jun. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Keystone Global Financial Group and its competitors.
Is Keystone Global Financial Group's Accounts Receivable too high?
Keystone Global Financial Group's current Accounts Receivable is $1.16 Mil.
How does Keystone Global Financial Group's Accounts Receivable compare to ?
Keystone Global Financial Group's Accounts Receivable of $1.16 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Accounts Receivable depends on the Asset Management 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 Keystone Global Financial Group and its competitors. Keystone Global Financial Group's current Accounts Receivable is $1.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Global Financial Group stock overvalued right now?
Keystone Global Financial Group (KCG) has a current Accounts Receivable of $1.16 Mil. The current Accounts Receivable is $1.16 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 Keystone Global Financial Group (KCG), the current Accounts Receivable is $1.16 Mil as of Jun. 2025. 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.

Keystone Global Financial Group Business Description

Comparable Companies
Address 308-320 Des Voeux Road Central, 1902-3A, 19th Floot, FWD Financial Centre, Sheung Wan, Hong Kong, HKG
Keystone Global Financial Group is a boutique financial firm which focuses on providing quality asset management services to clients. The company conducts business through its wholly-owned Subsidiary, which is a licensed corporation under the SFO to engage in Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities in Hong Kong. It provides discretionary accounts services to manage clients' funds. The company specializes in designing investment portfolios to meet the needs of investors with different risk tolerance and investment preferences and to preserve and enhance the value of their assets. It provides asset management services for its clients by applying different investment strategies to optimize their asset allocation.