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First Greenwich Financial (First Greenwich Financial) Accounts Receivable : $0.00 Mil (As of Sep. 2019)


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What is First Greenwich Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Greenwich Financial's accounts receivables for the quarter that ended in Sep. 2019 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. First Greenwich Financial's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $N/A.


First Greenwich Financial Accounts Receivable Historical Data

The historical data trend for First Greenwich Financial'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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First Greenwich Financial Accounts Receivable Chart

First Greenwich Financial Annual Data
Trend
Accounts Receivable

First Greenwich Financial Semi-Annual Data
Sep19
Accounts Receivable -

First Greenwich Financial Accounts Receivable Calculation

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


First Greenwich Financial 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.

First Greenwich Financial's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

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

First Greenwich Financial's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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)
=(62.605+0.75 * 0+0.5 * 0-357.404
-4.938-0)/0
=N/A

* 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.


First Greenwich Financial Accounts Receivable Related Terms

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First Greenwich Financial (First Greenwich Financial) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
444 East Putnam Avenue, Cos Cob, CT, USA, 06807
First Greenwich Financial Inc is a United States-based company engaged in attracting deposits from the general public and investing those deposits in residential & commercial real estate loans and consumer & small business loans. It offers services including Certificate of Deposit, Checking, Courier Service, Online Banking, Retirement Accounts, and Lending services, among others.

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