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The Artisanal Spirits Co (LSE:ART) Accounts Receivable : £3.30 Mil (As of Dec. 2024)


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What is The Artisanal Spirits Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Artisanal Spirits Co's accounts receivables for the quarter that ended in Dec. 2024 was £3.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Artisanal Spirits Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 44.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Artisanal Spirits Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was £-0.23.


The Artisanal Spirits Co Accounts Receivable Historical Data

The historical data trend for The Artisanal Spirits Co'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.

The Artisanal Spirits Co Accounts Receivable Chart

The Artisanal Spirits Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 1.71 2.46 2.58 3.56 3.30

The Artisanal Spirits Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.58 3.77 3.56 5.49 3.30

The Artisanal Spirits Co Accounts Receivable Calculation

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


The Artisanal Spirits Co 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.

The Artisanal Spirits Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.298/13.506*91
=44.56

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

The Artisanal Spirits Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.868+0.75 * 3.298+0.5 * 31.768-37.237
-0-0.26)/70.773
=-0.23

* 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.


The Artisanal Spirits Co Accounts Receivable Related Terms

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The Artisanal Spirits Co Business Description

Traded in Other Exchanges
Address
87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ
The Artisanal Spirits Co PLC is a curator and provider of premium single-cask Scotch malt whisky and other spirits for sale online to a discerning global membership. It offers a range of other spirits such as single-cask Bourbon, Indian and Japanese whisky, as well as single-cask Armagnac, Cognac, gin, and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co Headlines

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