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EdgeMode (EdgeMode) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is EdgeMode Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. EdgeMode's accounts receivables for the quarter that ended in Dec. 2023 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. EdgeMode's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.01.


EdgeMode Accounts Receivable Historical Data

The historical data trend for EdgeMode'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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EdgeMode Accounts Receivable Chart

EdgeMode Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

EdgeMode Quarterly Data
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 - - - - -

EdgeMode Accounts Receivable Calculation

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


EdgeMode 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.

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

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

EdgeMode'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)
=(0+0.75 * 0+0.5 * 0-3.154
-0-0)/390.687
=-0.01

* 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.


EdgeMode Accounts Receivable Related Terms

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EdgeMode (EdgeMode) Business Description

Traded in Other Exchanges
N/A
Address
110 East Broward Boulevard, Suite 1700, Ft. Lauderdale, FL, USA, 33301
EdgeMode Inc builds infrastructure and provides HPC services. It engages in crypto mining and High-Performance services (HPC) with near-term plans to scale U.S.-based data center operations.
Executives
Charles Thomas Faulkner director, 10 percent owner, officer: CEO and President 350 NORTH ORLEANS STREET, SUITE 9000N, CHICAGO IL 60654
Simon Enrico Wajcenberg director, 10 percent owner, officer: CFO, Treasurer and Secretary TIDES, UNIT 204, 176, SOUTH SOUND ROAD, GEORGE TOWN E9 KY1-1105
Christina Dixon 10 percent owner 3858 COUNTY ROAD 308, ELLINGTON MO 63638
Roger L Dixon 10 percent owner 3858 COUNTY ROAD 308, ELLINGTON MO 63638

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