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Eline Entertainment Group (Eline Entertainment Group) Accounts Receivable : $0.00 Mil (As of Jun. 2023)


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What is Eline Entertainment Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eline Entertainment Group's accounts receivables for the quarter that ended in Jun. 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. Eline Entertainment Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.00.


Eline Entertainment Group Accounts Receivable Historical Data

The historical data trend for Eline Entertainment 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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Eline Entertainment Group Accounts Receivable Chart

Eline Entertainment Group Annual Data
Trend Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 0.33 0.32 0.56 - -

Eline Entertainment Group Quarterly Data
Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

Eline Entertainment Group Accounts Receivable Calculation

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


Eline Entertainment 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.

Eline Entertainment Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

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

Eline Entertainment Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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 * 0-0.026
-0-0)/8514.53
=-0.00

* 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.


Eline Entertainment Group Accounts Receivable Related Terms

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Eline Entertainment Group (Eline Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Suite 1113, Tower 2, Lippo Centre, Admiralty, HKG
Eline Entertainment Group Inc is a developmental stage company. Its plan of business has not been implemented but will involve mergers and acquisitions of operating companies .
Executives
Barry A Rothman officer: President 20118 OCEAN KEY DRIVE, BOCA RATON FL 33498
Jayme Dorrough director, 10 percent owner

Eline Entertainment Group (Eline Entertainment Group) Headlines

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