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Forge Group (Forge Group) Accounts Receivable : $0.00 Mil (As of . 20)


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What is Forge Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Forge Group's accounts receivables for the quarter that ended in . 20 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. Forge Group's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.


Forge Group Accounts Receivable Historical Data

The historical data trend for Forge 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.

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Forge Group Accounts Receivable Chart

Forge Group Annual Data
Trend
Accounts Receivable

Forge Group Semi-Annual Data
Accounts Receivable

Forge Group Accounts Receivable Calculation

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


Forge 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.

Forge Group's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Forge Group's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/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.


Forge Group Accounts Receivable Related Terms

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Forge Group (Forge Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
P.O. Box 15033, Worcester, MA, USA, 01615
Website
Forge Group Inc provides commercial automobile insurance products targeted to owners and operators of taxi cabs, passenger sedans, and other light transportation vehicles, including golf carts and school vans. It manages business through two segments: insurance and commercial real estate investments.

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