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SNEX (StoneX Group) Accounts Receivable : $1,096 Mil (As of Dec. 2024)


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What is StoneX Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. StoneX Group's accounts receivables for the quarter that ended in Dec. 2024 was $1,096 Mil.

Accounts receivable can be measured by Days Sales Outstanding. StoneX Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 3.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. StoneX Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-523.53.


StoneX Group Accounts Receivable Historical Data

The historical data trend for StoneX 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.

* Premium members only.

StoneX Group Accounts Receivable Chart

StoneX Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 411.40 461.10 566.20 683.10 1,013.10

StoneX Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 825.60 1,293.40 871.40 1,013.10 1,096.30

StoneX Group Accounts Receivable Calculation

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


StoneX 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1096.3/27935.3*91
=3.58

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

StoneX Group'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)
=(1398.2+0.75 * 1096.3+0.5 * 861.4-27807.9
-0-0)/48.052
=-523.53

* 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.


StoneX Group Accounts Receivable Related Terms

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StoneX Group Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 10th Floor, New York, NY, USA, 10169
StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: Commercial, Institutional, Self-Directed/Retail, and Payments. Its customers include governmental and nongovernmental organizations, commercial banks, brokers, institutional investors, and investment banks. The company operates in the United States, South America, Europe, the Middle East and Asia, and other countries, out of which the majority of revenue is generated from the Middle East and Asia Region.
Executives
Philip Andrew Smith other: CEO - subsidiary entity 708 THIRD AVENUE, SUITE 1500, NEW YORK NY 10017
John Moore Fowler director 2 NORTHWEST WAY, BRONXVILLE NY 10708
Glenn Henry Stevens other: CEO - subsidiary entity 550 HILLS DRIVE, SUITE 210, BEDMINSTER NJ 07921
Abigail H Perkins officer: Chief Information Officer 230 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10169
Diego Rotsztain officer: Chief Governance/Legal Officer 135 US HIGHWAY 202/206, SUITE 11, BEDMINSTER NJ 07921
Mark Lowry Maurer other: CEO - subsidiary entity 230 SOUTH LASALLE, SUITE 10-500, CHICAGO IL 60604
Sean Michael Oconnor director, officer: CEO 220 E. CENTRAL PARKWAY, SUITE 2060, ALTEMONTE SPRINGS FL 32701
Xuong Nguyen other: COO of Affiliates 230 SOUTH LASALLE, SUITE 10-500, CHICAGO IL 60604
Charles M Lyon officer: CEO - subsidiary entity 329 PARK AVENUE NORTH, SUITE 350, WINTER PARK FL 32789
Eric Parthemore director 1251 NW BRIARCLIFF PARKWAY, SUITE 800, KANSAS CITY MO 64116
Scott J Branch director, officer: COO 220 E CENTRAL PARKWAY, STE 2060, ATTAMONTE SPRINGS FL 32701
John Radziwill director, officer: Chairman of the Board
William J Dunaway officer: Chief Financial Officer 1251 NW BRIARCLIFF PARKWAY, SUITE 800, KANSAS CITY MO 64116
Aaron Schroeder officer: Group Controller 1251 NW BRIARCLIFF PARKWAY, SUITE 800, KANSAS CITY MO 64116
Dhamu R. Thamodaran director 200 COMMERCE STREET, SMITHFIELD VA 23430