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Research Solutions (Research Solutions) Accounts Receivable : $7.29 Mil (As of Dec. 2023)


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What is Research Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Research Solutions's accounts receivables for the quarter that ended in Dec. 2023 was $7.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Research Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 64.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Research Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.53.


Research Solutions Accounts Receivable Historical Data

The historical data trend for Research Solutions'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.

Research Solutions Accounts Receivable Chart

Research Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 4.45 4.72 5.25 6.15

Research Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.24 6.80 6.15 6.46 7.29

Research Solutions Accounts Receivable Calculation

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


Research Solutions 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.

Research Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.289/10.314*91
=64.49

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

Research Solutions'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)
=(2.698+0.75 * 7.289+0.5 * 0-25.499
-0-0)/32.6196
=-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.


Research Solutions Accounts Receivable Related Terms

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Research Solutions (Research Solutions) Business Description

Traded in Other Exchanges
Address
10624 S. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052
Research Solutions Inc is a holding company. The company provides a cloud-based SaaS research intelligence platform consisting of proprietary software and Internet-based interfaces. Its platform also allows customers to find and download digital versions of STM articles. Platforms and Transactions are packaged as a single solution that enables life science and other research-intensive organizations to speed up research and development activities. The company platform allows customers to initiate orders, manage transactions, automate authentication, obtain reports, and connect seamlessly to corporate intranets.
Executives
Peter Derycz director, 10 percent owner, officer: CEO & President 207 10TH STREET, SANTA MONICA CA 90402
Bristol Capital Advisors, Llc other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Bristol Investment Fund Ltd other: See Explanation of Responses 89 NEXUS WAY, CAMANA BAY, PO BOX 311063, GRAND CAYMAN E9 KY1-1205
Paul Kessler other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Janice M Peterson other: See Explanation of Responses 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Roy W Olivier director 11425 WEST LAKE PARK DRIVE, SUITE 900, MILWAUKEE WI 53224
Barbara J. Cooperman director 10624 S. EASTERN AVENUE, SUITE A-614, HENDERSON NV 89052
Eugene Vlad Robin director 2508 FISK LANE, REDONDO BEACH CA 90278
William Nurthen officer: CFO & Secretary 500 N. DEARBORN, SUITE 1200, CHICAGO IL 60610
Shane Alan Hunt officer: Chief Customer Success Officer C/O RESEARCH SOLUTIONS, INC., 10624 S. EASTERN AVE, SUITE A-614, HENDERSON NV 89052
Alan Louis Urban officer: CFO & Secretary 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404
Marc Nissan officer: Chief Technology Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436
12 West Capital Management Lp 10 percent owner 475 TENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Van Der Heijden Michiel officer: Chief Product Officer 10624 S. EASTERN AVE.., STE, A-614, HENDERSON NV 89052
Erkel Rogier Van officer: Chief Sales Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436