Scholium Group (LSE:SCHO) Accounts Receivable : £2.00 Mil (As of Sep. 2024)

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What is Scholium Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Scholium Group's accounts receivables for the quarter that ended in Sep. 2024 was £2.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Scholium Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 73.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Scholium Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was £0.11.

Scholium Group Accounts Receivable Historical Data

The historical data trend for Scholium 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.

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Scholium Group Accounts Receivable Chart

Scholium Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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1.35

1.42

1.70

1.71

2.39

Scholium Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial															2.26	1.71	1.62	2.39	2.00

Scholium Group Accounts Receivable Calculation

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

Scholium 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.003	/	4.97	*	91
=	73.55

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

Scholium Group'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)
=	(0.004	+	0.75 * 2.003	+	0.5 * 10.623	-	5.343
-	0	-	0)	/	13.600
=	0.11

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.

Scholium Group Accounts Receivable Related Terms

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Scholium Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Scholium Group PLC (LSE:SCHO) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

94 New Bond Street, London, GBR, W1S 1SJ

Website

https://www.scholiumgroup.com

Scholium Group PLC is engaged in trading and retailing of rare and antiquarian books and works on paper in the United Kingdom. The company also trades with other third-party dealers in the broader arts and collectibles business through its subsidiary. It operates through two businesses namely Shapero Rare Books, a dealer in rare and collectible antiquarian books and works on paper with special expertise in Natural History, Russian and Travel books and is also developing Shapero Modern brand dealing in modern and contemporary prints and editions; and Scholium Trading that works alongside art dealers in the broader rare and collectibles market. All the company's revenue is generated from the United Kingdom.