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NextPoint Financial (NextPoint Financial) Accounts Receivable : $18.1 Mil (As of Mar. 2022)


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What is NextPoint Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NextPoint Financial's accounts receivables for the quarter that ended in Mar. 2022 was $18.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NextPoint Financial's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 14.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NextPoint Financial's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-22.97.


NextPoint Financial Accounts Receivable Historical Data

The historical data trend for NextPoint Financial'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.

NextPoint Financial Accounts Receivable Chart

NextPoint Financial Annual Data
Trend Dec20
Accounts Receivable
-

NextPoint Financial Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Mar22
Accounts Receivable Get a 7-Day Free Trial - 0.01 - 21.80 18.11

NextPoint Financial Accounts Receivable Calculation

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


NextPoint Financial 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.

NextPoint Financial's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.114/113.749*91
=14.53

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

NextPoint Financial's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(36.711+0.75 * 18.114+0.5 * 0-526.547
-0-0)/20.734
=-22.97

* 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.


NextPoint Financial Accounts Receivable Related Terms

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NextPoint Financial (NextPoint Financial) Business Description

Traded in Other Exchanges
N/A
Address
500 Grapevine Highway, Suite 402, Hurst, Texas, TX, USA, 76054
NextPoint Financial Inc is an all-inclusive marketplace for financial services empowering consumers and small businesses to get to NextPoint in their financial futures. It operates through Liberty Tax which is a tax preparation service that serves clients in the United States and Canada; LoanMe which is an online lending platform that serves customers in the United States; and The Community Tax segment provides tax debt resolution services and other tax-related services in the United States.

NextPoint Financial (NextPoint Financial) Headlines