Allfunds Group (XAMS:ALLFG) Accounts Receivable : €133 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Allfunds Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Allfunds Group's accounts receivables for the quarter that ended in Dec. 2023 was €133 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Allfunds Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 16.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Allfunds Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.39.

Allfunds Group Accounts Receivable Historical Data

The historical data trend for Allfunds 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.

* Premium members only.

Allfunds Group Accounts Receivable Chart

Allfunds Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

333.69

169.92

169.52

280.88

133.13

Allfunds Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial				169.52	243.68	280.88	206.14	133.13

Allfunds Group Accounts Receivable Calculation

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

Allfunds 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.

Allfunds 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
=	133.129	/	1453.423	*	91
=	16.72

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

Allfunds 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)
=	(2256.445	+	0.75 * 133.129	+	0.5 * 0	-	3219.314
-	0	-	0)	/	618.833
=	-1.39

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.

Allfunds Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Allfunds Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Allfunds Group (XAMS:ALLFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allfunds Group PLC (XAMS:ALLFG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ALLFGa:UK 0AAL:UK 6UY:Germany

Address

8 Mortimer Street, 2 Fitzroy Place, London, GBR, W1T 3JJ

Website

https://investors.allfunds.com

Allfunds is a fund distribution platform connecting fund houses and distributors, creating a single access point for both sides to gain a wider reach with regard to assets under administration and fund variety, respectively. As of 2022, Allfunds had EUR 1.3 trillion in assets under administration stemming from about 860 distributors on its platform. In return, distributors gained access to about 139,000 funds from 3,000 different fund houses. Allfunds also provides ancillary services to both fund houses and distributors, covering the marketing, distribution, legal, regulatory, as well as data and analytics needs arising in the fund distribution space. Allfunds derives the majority of its revenue from Italy, Spain, and France.

Allfunds Group (XAMS:ALLFG) Headlines

No Headlines