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Paltalk (Paltalk) Accounts Receivable : $0.10 Mil (As of Mar. 2024)


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What is Paltalk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Paltalk's accounts receivables for the quarter that ended in Mar. 2024 was $0.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Paltalk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Paltalk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $1.07.


Paltalk Accounts Receivable Historical Data

The historical data trend for Paltalk'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.

Paltalk Accounts Receivable Chart

Paltalk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.07 0.15 0.12 0.09

Paltalk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.13 0.14 0.09 0.10

Paltalk Accounts Receivable Calculation

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


Paltalk 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.095/2.598*91
=3.34

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

Paltalk'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)
=(13.047+0.75 * 0.095+0.5 * 0-3.246
-0-0)/9.22216
=1.07

* 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.


Paltalk Accounts Receivable Related Terms

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Paltalk (Paltalk) Business Description

Traded in Other Exchanges
N/A
Address
30 Jericho Executive Plaza, Suite 400E, Jericho, NY, USA, 11753
Paltalk Inc is a communications software innovator. It operates a network of consumer applications where users can meet, see, chat, broadcast and message in real-time in a secure environment with others in the network. The company's product portfolio includes Paltalk, Camfrog, Tinychat and Vumber. Its consumer applications generate revenue principally from subscription fees and advertising arrangements. The company's major revenue-generating live video chat products are Paltalk and Camfrog.
Executives
Geoffrey Cook director 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
J. Crew Delaware Trust B 10 percent owner J.P. MORGAN TRUST COMPANY OF DELAWARE, 500 STANTON CHRISTIANA ROAD, NEWARK DE 19713
Jason Katz director, officer: CHMN of the Board, PRES & COO C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, NEW YORK NY 10017
Adam Zalko officer: Vice President of Engineering 30 JERICHO EXECUTIVE PLAZA, SUITE 400E, JERICHO NY 11753
Yoram Abada director C/O JENNIFER CONVERTIBLES, 419 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Clifford Lerner director, 10 percent owner, officer: Pres., CEO, CFO, Chairman of, other: the Board of Directors 462 7TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Kara B Jenny officer: Chief Financial Officer C/O PATENT PROPERTIES, INC., TWO HIGH RIDGE PARK, STAMFORD CT 06905
Michael Gwynne Jones director 24460 MALIBU ROAD, MALIBU CA 90265
Lance Laifer director 1 STIRRUP DRIVE, OLD BROOKVILLE NY 11545
John Silberstein director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Michael Levit director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Eric Sackowitz officer: Chief Technology Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Arash Vakil officer: Chief Product Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
J. Crew Delaware Trust A 10 percent owner C/O J.P. MORGAN TRUST CO. OF DE, TRUSTEE, 500 STANTON-CHRISTIANA ROAD, DE3-1600, NEWARK DE 19713
Judy Krandel director 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018