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Forge Global Holdings (Forge Global Holdings) Accounts Receivable : $5.55 Mil (As of Mar. 2024)


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What is Forge Global Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Forge Global Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $5.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Forge Global Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 26.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Forge Global Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.53.


Forge Global Holdings Accounts Receivable Historical Data

The historical data trend for Forge Global Holdings'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.

Forge Global Holdings Accounts Receivable Chart

Forge Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
1.77 5.74 5.38 3.54 4.07

Forge Global Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.29 4.69 3.87 4.07 5.55

Forge Global Holdings Accounts Receivable Calculation

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


Forge Global Holdings 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 Global Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.553/19.213*91
=26.37

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

Forge Global Holdings'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)
=(137.227+0.75 * 5.553+0.5 * 0-42.08
-0-4.427)/179.854
=0.53

* 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 Global Holdings Accounts Receivable Related Terms

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Forge Global Holdings (Forge Global Holdings) Business Description

Traded in Other Exchanges
N/A
Address
415 Mission Street, Suite 5510, San Francisco, CA, USA, 94105
Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.
Executives
Kelly Rodriques director, officer: Chief Executive Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christoph Hansmeyer director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Johnathan H Short officer: Chief Legal Officer 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Asiff S Hirji director 250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Herbert James H. Ii director 1230 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10020
Ashwin Kumar director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Stephen J. George director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Jose Cobos officer: Chief Operating Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Borse Ag Deutsche 10 percent owner
Mark P Lee officer: Chief Financial Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Steven J. Mclaughlin director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Kristy Trieste director, officer: CFO and Director C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor, Llc 10 percent owner 7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Stephen C. Daffron director C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708