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Beforepay Group (ASX:B4P) Accounts Receivable : A$52.69 Mil (As of Dec. 2023)


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What is Beforepay Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beforepay Group's accounts receivables for the quarter that ended in Dec. 2023 was A$52.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beforepay Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 545.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beforepay Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.47.


Beforepay Group Accounts Receivable Historical Data

The historical data trend for Beforepay 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.

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Beforepay Group Accounts Receivable Chart

Beforepay Group Annual Data
Trend Jun21 Jun22 Jun23
Accounts Receivable
9.73 26.41 39.90

Beforepay Group Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Accounts Receivable 26.41 47.38 39.90 52.69

Beforepay Group Accounts Receivable Calculation

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


Beforepay 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.

Beforepay Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=52.691/17.635*91
=545.29

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

Beforepay Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(18.87+0.75 * 52.691+0.5 * 0-36.257
-0-0)/46.9518
=0.47

* 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.


Beforepay Group Accounts Receivable Related Terms

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Beforepay Group (ASX:B4P) Business Description

Traded in Other Exchanges
N/A
Address
50 Carrington Street, Suite 2, Level 6, Sydney, NSW, AUS, 2000
Beforepay Group Ltd operates in the pay-on-demand industry. It offers an app that helps users access their Pay On-Demand, track their spending habits, and learn how to budget.

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