Sachem Capital (Sachem Capital) Accounts Receivable : $13.33 Mil (As of Mar. 2024)

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What is Sachem Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sachem Capital's accounts receivables for the quarter that ended in Mar. 2024 was $13.33 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sachem Capital's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 144.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sachem Capital's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-7.60.

Sachem Capital Accounts Receivable Historical Data

The historical data trend for Sachem Capital'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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Sachem Capital Accounts Receivable Chart

Sachem Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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2.21

3.85

7.37

11.59

14.07

Sachem Capital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															12.68	14.50	15.34	14.07	13.33

Sachem Capital Accounts Receivable Calculation

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

Sachem Capital 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.325	/	8.443	*	91
=	144.01

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

Sachem Capital'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)
=	(18.413	+	0.75 * 13.325	+	0.5 * 0	-	389.084
-	0.002	-	0)	/	47.446
=	-7.60

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.

Sachem Capital Accounts Receivable Related Terms

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Sachem Capital (Sachem Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sachem Capital Corp (AMEX:SACH) » Definitions » Accounts Receivable

Comparable Companies

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Traded in Other Exchanges

SACHpA.PFD:USA

Address

538 East Main Street, Branford, CT, USA, 06405

Website

https://www.sachemcapitalcorp.com

Sachem Capital Corp is a United States-based real estate investment trust. The company specializes in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located in Connecticut. Its primary objective is to grow the loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to shareholders over the long term through dividends. The company earns majority of its revenue through Interest income from loans.

Executives

Leslie Bernhard	director	C/O ADSTAR, INC., 488 S. ROYAL LANE, COPPELL TX 75019
Brian A Prinz	director	C/O SACHEM CAPITAL CORP., 23 LAUREL, BRANFORD CT 06405
Arthur L Goldberg	director	C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
William C Haydon	officer: See Remarks	C/O SACHEM CAPITAL CORP., 698 MAIN STREET, BRANFORD CT 06405
John E Warch	officer: See Remarks	FALCON FINANCIAL INVESTMENT TRUST, 15 COMMERCE RD, STAMFORD CT 06902
John L. Villano	director, officer: Chairman, CEO, President & CFO	23 LAUREL STREET, BRANFORD CT 06405
Peter J Cuozzo	officer: EVP and COO	C/O SACHEM CAPITAL CORP., 698 MAIN STREET, BRANFORD CT 06405
Jeffrey C Villano	director, 10 percent owner, officer: President,co-CEO and Treasurer	23 LAUREL STREET, BRANFORD CT 06405

Sachem Capital (Sachem Capital) Headlines

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Sachem Capital to Present at Microcap Rodeo's Fall Harvest - Best Ideas from the Buy-Side on Tuesday, October 5, 2021

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