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Alpha Growth (LSE:ALGW) Accounts Receivable : £0.00 Mil (As of Dec. 2023)


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What is Alpha Growth Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alpha Growth's accounts receivables for the quarter that ended in Dec. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alpha Growth's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alpha Growth's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-0.04.


Alpha Growth Accounts Receivable Historical Data

The historical data trend for Alpha Growth'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.

Alpha Growth Accounts Receivable Chart

Alpha Growth Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - - - 0.02 -

Alpha Growth Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.27 0.35 0.02 0.72 -

Alpha Growth Accounts Receivable Calculation

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


Alpha Growth 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.682*91
=0.00

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

Alpha Growth'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)
=(442.502+0.75 * 0+0.5 * 0-463.147
-0-0)/467.775
=-0.04

* 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.


Alpha Growth Accounts Receivable Related Terms

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Alpha Growth (LSE:ALGW) Business Description

Traded in Other Exchanges
N/A
Address
35 Berkeley Square, Mayfair, London, GBR, W1J 5BF
Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

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