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Liquid Media Group (Liquid Media Group) Accounts Receivable : $1.02 Mil (As of Aug. 2022)


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What is Liquid Media Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Liquid Media Group's accounts receivables for the quarter that ended in Aug. 2022 was $1.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Liquid Media Group's Days Sales Outstanding for the quarter that ended in Aug. 2022 was 60.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Liquid Media Group's Net-Net Working Capital per share for the quarter that ended in Aug. 2022 was $-1.59.


Liquid Media Group Accounts Receivable Historical Data

The historical data trend for Liquid Media 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.

* Premium members only.

Liquid Media Group Accounts Receivable Chart

Liquid Media Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Nov19 Nov20 Nov21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 - 0.52 0.01 0.51

Liquid Media Group Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 - 0.51 0.15 1.13 1.02

Liquid Media Group Accounts Receivable Calculation

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


Liquid Media 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.

Liquid Media Group's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.022/1.534*91
=60.79

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

Liquid Media Group's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2022 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)
=(0.447+0.75 * 1.022+0.5 * 0-8.898
-0-0)/4.82834
=-1.59

* 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.


Liquid Media Group Accounts Receivable Related Terms

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Liquid Media Group (Liquid Media Group) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, United Kingdom Building, Vancouver, BC, CAN, V6C 1T2
Liquid Media Group Ltd is an entertainment company with a portfolio of content IP (Intellectual Property) spanning creative industries. Originating in Vancouver's media and entertainment supercluster, the company's mission is to empower storytellers to develop, produce and distribute across channels and platforms. Its operating segment includes investment in video games andinvestment in the distribution of films.