Bitcoin Depot (Bitcoin Depot) Accounts Receivable : $0.3 Mil (As of Mar. 2024)

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What is Bitcoin Depot Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bitcoin Depot's accounts receivables for the quarter that ended in Mar. 2024 was $0.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bitcoin Depot's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bitcoin Depot's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.75.

Bitcoin Depot Accounts Receivable Historical Data

The historical data trend for Bitcoin Depot'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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Bitcoin Depot Accounts Receivable Chart

Bitcoin Depot Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.09

0.26

0.25

Bitcoin Depot Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial							0.75	1.13	0.33	0.25	0.35

Bitcoin Depot Accounts Receivable Calculation

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

Bitcoin Depot 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.348	/	138.539	*	91
=	0.23

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

Bitcoin Depot'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)
=	(42.151	+	0.75 * 0.348	+	0.5 * 0	-	85.089
-	0	-	21.598)	/	13.5311
=	-4.75

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.

Bitcoin Depot Accounts Receivable Related Terms

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Bitcoin Depot (Bitcoin Depot) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitcoin Depot Inc (NAS:BTM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2870 Peachtree Road No. 327, Atlanta, GA, USA, 30305

Website

https://www.bitcoindepot.com

Bitcoin Depot Inc is the fastest-growing multi-cryptocurrency ATM Network offering users the ability to buy and sell.

Executives

Christopher Scott Buchanan	director, officer: CHIEF OPERATING OFFICER	2870 PEACHTREE RD #327, ATLANTA GA 30305
Brandon Taylor Mintz	director, officer: See Remarks	2870 PEACHTREE RD #327, ATLANTA GA 30305
David E Shaw	10 percent owner, other: See Footnotes 1, 3, and 4.	120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p.	10 percent owner, other: See Footnotes 1, 3, and 4.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c.	10 percent owner, other: See Footnotes 1, 3, and 4.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
Daniel Tramel Stabile	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Jacqueline Marks	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Gardner Daniel C. Jr	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Timothy Vanderham	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Bt Assets, Inc.	10 percent owner	2870 PEACHTREE RD #327, ATLANTA GA 30305
Mark James Smalley	officer: CHIEF COMPLIANCE OFFICER	2870 PEACHTREE RD #327, ATLANTA GA 30305
Gsr Ii Meteora Sponsor Llc	10 percent owner	C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432
Glen S Leibowitz	officer: CHIEF FINANCIAL OFFICER	366 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10017
Bradley R. Strock	director	C/O ELEVATE CREDIT, INC., 4150 INTERNATIONAL PLAZA, SUITE 300, FORT WORTH TX 76109
Eve Mongiardo	director	C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432