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Aspermont (ASX:ASP) Accounts Receivable : A$1.79 Mil (As of Mar. 2024)


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What is Aspermont Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aspermont's accounts receivables for the quarter that ended in Mar. 2024 was A$1.79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aspermont's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 40.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aspermont's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was A$-0.00.


Aspermont Accounts Receivable Historical Data

The historical data trend for Aspermont'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.

Aspermont Accounts Receivable Chart

Aspermont Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.00 1.09 0.73 0.80

Aspermont Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1.02 0.73 1.94 0.80 1.79

Aspermont Accounts Receivable Calculation

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


Aspermont 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.

Aspermont's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.789/7.971*91
=40.96

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

Aspermont's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1.414+0.75 * 1.789+0.5 * 0-11.582
-0-0)/2455.63
=-0.00

* 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.


Aspermont Accounts Receivable Related Terms

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Aspermont (ASX:ASP) Business Description

Traded in Other Exchanges
Address
613- 619 Wellington Street, Perth, WA, AUS, 6000
Aspermont Ltd is a publishing company. Business operating segments include; Media services-advertising and events, XaaS- media subscriptions and related services, and Data- mainly lead generation activity. The Publishing segment derives subscription, advertising, and sponsorship revenues from print and online publications and holding conferences in trade sectors including mining, agriculture, energy, and technology sector. It also derives revenue from B to B lead generation activity it undertakes on behalf of clients utilising its contacts database. The firm mainly operates within Australia and in the United Kingdom. Geographically, it derives a majority of its revenue from Apac and also has a presence in Europe; America, and other countries.

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