Arsagera Management Co JSC (MIC:ARSA) Accounts Receivable: ₽9.07 Mil (As of Sep. 2023)

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MIC:ARSA Arsagera Management Co JSC MIC:ARSA
17 GF Score
Price ₽6.61
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What is Arsagera Management Co JSC Accounts Receivable?

Arsagera Management Co JSC MIC:ARSA +1.69% 17 Accounts Receivable is ₽9.07 Mil as of Sep. 2023. GuruFocus rates MIC:ARSA with a GF Score™ of 17/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arsagera Management Co JSC's accounts receivables for the quarter that ended in Sep. 2023 was ₽9.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arsagera Management Co JSC's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 41.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arsagera Management Co JSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₽-0.16.

Arsagera Management Co JSC 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.

Arsagera Management Co JSC's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.07/20.114*91
=41.15

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

Arsagera Management Co JSC'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)
=(1.908+0.75 * 9.07+0.5 * 0-28.933
-0-0)/123.817
=-0.16

* 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.

Arsagera Management Co JSC Accounts Receivable Related Terms

Arsagera Management Co JSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Arsagera Management Co JSC'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.

Arsagera Management Co JSC Accounts Receivable Chart

Arsagera Management Co JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.81 9.75 4.46 3.47

Arsagera Management Co JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.49 3.47 4.74 5.91 9.07
MIC:ARSA
17GF Score
Arsagera Management Co JSC MIC:ARSA
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Arsagera Management Co JSC 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 ₽9.07 Mil mean?
Arsagera Management Co JSC (MIC:ARSA) has a Accounts Receivable of ₽9.07 Mil as of Sep. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Arsagera Management Co JSC and its competitors.
Is Arsagera Management Co JSC's Accounts Receivable too high?
Arsagera Management Co JSC's current Accounts Receivable is ₽9.07 Mil. Overall, Arsagera Management Co JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Arsagera Management Co JSC's Accounts Receivable compare to BLK and BX?
Arsagera Management Co JSC's Accounts Receivable of ₽9.07 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 Arsagera Management Co JSC and its competitors. Arsagera Management Co JSC's current Accounts Receivable is ₽9.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arsagera Management Co JSC stock overvalued right now?
Arsagera Management Co JSC (MIC:ARSA) has a current Accounts Receivable of ₽9.07 Mil. The current Accounts Receivable is ₽9.07 Mil. Arsagera Management Co JSC's overall GF Score™ is 17/100. 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 Arsagera Management Co JSC (MIC:ARSA), the current Accounts Receivable is ₽9.07 Mil as of Sep. 2023. 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.

Arsagera Management Co JSC Business Description

Address 8 th floor Renaissance, business center, ul. Chatelain, Building 26A, St. Petersburg, RUS, 194021
Arsagera Management Co JSC is a Russian asset management company. It manages three open-ended funds, two intervals and one closed-end mutual investment fund. The company also provides individual trust management services.
17GF Score

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

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