GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » OOOOO Entertainment Commerce Ltd (OTCPK:OOOOF) » Definitions » Accounts Receivable

OOOOO Entertainment Commerce (OOOOO Entertainment Commerce) Accounts Receivable : $0.00 Mil (As of Jul. 2023)


View and export this data going back to 2021. Start your Free Trial

What is OOOOO Entertainment Commerce Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OOOOO Entertainment Commerce's accounts receivables for the quarter that ended in Jul. 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. OOOOO Entertainment Commerce's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was $-0.05.


OOOOO Entertainment Commerce Accounts Receivable Historical Data

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Accounts Receivable Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 - - - 0.01 -

OOOOO Entertainment Commerce Accounts Receivable Calculation

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


OOOOO Entertainment Commerce 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.

OOOOO Entertainment Commerce's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

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

OOOOO Entertainment Commerce's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(0.002+0.75 * 0+0.5 * 0-2.789
-0-0.917)/82.0882
=-0.05

* 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.


OOOOO Entertainment Commerce Accounts Receivable Related Terms

Thank you for viewing the detailed overview of OOOOO Entertainment Commerce's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


OOOOO Entertainment Commerce (OOOOO Entertainment Commerce) Business Description

Traded in Other Exchanges
Address
C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.