General Enterprise Ventures (General Enterprise Ventures) Accounts Receivable : $0.68 Mil (As of Mar. 2024)

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What is General Enterprise Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. General Enterprise Ventures's accounts receivables for the quarter that ended in Mar. 2024 was $0.68 Mil.

Accounts receivable can be measured by Days Sales Outstanding. General Enterprise Ventures's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 143.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. General Enterprise Ventures's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.01.

General Enterprise Ventures Accounts Receivable Historical Data

The historical data trend for General Enterprise Ventures'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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General Enterprise Ventures Accounts Receivable Chart

General Enterprise Ventures Annual Data

Trend

Dec14

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Dec23

Accounts Receivable

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0.43

General Enterprise Ventures 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															-	-	0.18	0.43	0.68

General Enterprise Ventures Accounts Receivable Calculation

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

General Enterprise Ventures 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.681	/	0.433	*	91
=	143.51

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

General Enterprise Ventures'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)
=	(0.371	+	0.75 * 0.681	+	0.5 * 0.189	-	1.49
-	0.001	-	0)	/	36.3022
=	-0.01

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.

General Enterprise Ventures Accounts Receivable Related Terms

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General Enterprise Ventures (General Enterprise Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » General Enterprise Ventures Inc (OTCPK:GEVI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1740H Del Range Bloulevard, Suite 166, Cheyenne, WY, USA, 82009

Website

https://www.generalenterpriseventures.com

General Enterprise Ventures Inc is a fully integrated technology company structured to provide mergers and acquisitions of new and available technology. Through Its services, it incubates first-to-market products and helps existing companies accelerate their product development within all regulatory requirements. The company focuses on its wholly-owned subsidiary Mighty Fire Breaker LLC. Its revenues currently consist of products used for lumber products for fire prevention.

Executives

Robert L Priddy	10 percent owner	9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael Falk	10 percent owner	830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Comvest Capital, Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Group Holdings, Llc	10 percent owner	ONE NORTH CLEMANTIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Capital Management Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Cvc California Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
James P Stapleton	director
Brett Maxwell Clark	officer: Chief Financial Officer	3191 TEMPLE AVE., POMONA CA 91768
John A Brunkow	director	3191 TEMPLE STE 250, POMONA, CA 91768
Cobbs Cabell F Ii	officer: Chief Financial Officer	3191 TEMPLE AVE., SUITE 250, POMONA CA 91768
Timothy J Koziol	officer: CEO	3191 TEMPLE AVE, SUITE 250, POMONA CA 91768
Rhodes Clyde E Jr	officer: Secretary	3191 TEMPLE AVE, SUITE 250, POMONA CA 91768