Silvergate Capital (MEX:SI) Accounts Receivable: MXN1,585.04 Mil (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:SI Silvergate Capital Corp MEX:SI
12 GF Score
Price MXN20.70
View Full Analysis

What is Silvergate Capital Accounts Receivable?

Silvergate Capital MEX:SI 12 Accounts Receivable is MXN1,585.04 Mil as of Sep. 2022. GuruFocus rates MEX:SI with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Silvergate Capital's accounts receivables for the quarter that ended in Sep. 2022 was MXN1,585.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Silvergate Capital's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 81.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Silvergate Capital's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was MXN-2,460.66.

Silvergate Capital 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.

Silvergate Capital's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1585.042/1768.33*91
=81.79

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

Silvergate Capital's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(205254.868+0.75 * 1585.042+0.5 * 0-284345.539
-0.04-0)/31.659
=-2,460.66

* 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.

Silvergate Capital Accounts Receivable Related Terms

Silvergate Capital Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Silvergate Capital'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.

Silvergate Capital Accounts Receivable Chart

Silvergate Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 113.29 112.22 173.02 828.15 837.24

Silvergate Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 828.15 1,245.89 1,457.81 1,585.04 837.24
MEX:SI
12GF Score
Silvergate Capital Corp MEX:SI
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silvergate Capital 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 MXN1,585.04 Mil mean?
Silvergate Capital (MEX:SI) has a Accounts Receivable of MXN1,585.04 Mil as of Sep. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Silvergate Capital and its competitors.
Is Silvergate Capital's Accounts Receivable too high?
Silvergate Capital's current Accounts Receivable is MXN1,585.04 Mil. Overall, Silvergate Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Silvergate Capital's Accounts Receivable compare to LBNW and TCNB?
Silvergate Capital's Accounts Receivable of MXN1,585.04 Mil can be compared against companies in the Banks 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 Banks company?
A good Accounts Receivable depends on the Banks 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 Silvergate Capital and its competitors. Silvergate Capital's current Accounts Receivable is MXN1,585.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvergate Capital stock overvalued right now?
Silvergate Capital (MEX:SI) has a current Accounts Receivable of MXN1,585.04 Mil. The current Accounts Receivable is MXN1,585.04 Mil. Silvergate Capital's overall GF Score™ is 12/100. 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 Silvergate Capital (MEX:SI), the current Accounts Receivable is MXN1,585.04 Mil as of Sep. 2022. 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.

Silvergate Capital Business Description

Address 4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of various financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.
12GF Score

Get the complete analysis for MEX:SI

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN20.70
Price