PACV has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
PACV has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Pacific Ventures Group's change in receivables for the quarter that ended in Sep. 2023 was $-0.24 Mil. It means Pacific Ventures Group's Accounts Receivable increased by $0.24 Mil from Jun. 2023 to Sep. 2023 .
Pacific Ventures Group's change in receivables for the fiscal year that ended in Dec. 2022 was $0.27 Mil. It means Pacific Ventures Group's Accounts Receivable declined by $0.27 Mil from Dec. 2021 to Dec. 2022 .
Pacific Ventures Group's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.99 Mil.
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 Receivable are being managed. Pacific Ventures Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 12.09.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pacific Ventures Group's liquidation value for the three months ended in Sep. 2023 was $-26.26 Mil.
The historical data trend for Pacific Ventures Group's Change In Receivables 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.
Pacific Ventures Group Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -0.28 | -0.94 | 0.01 | -0.19 | 0.27 |
Pacific Ventures Group Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Change In Receivables | Get a 7-Day Free Trial | 0.08 | -0.04 | 0.47 | -0.09 | -0.24 |
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 Mil.
* 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.
Pacific Ventures Group (OTCPK:PACV) Change In Receivables 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 Receivable are being managed.
Pacific Ventures Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 0.993 | / | 7.497 | * | 91 |
= | 12.09 |
2. In Ben Graham's calculation of liquidation value, Pacific Ventures Group's accounts receivable are only considered to be worth 75% of book value:
Pacific Ventures Group's liquidation value for the quarter that ended in Sep. 2023 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 0.152 | - | 27.832 | + | 0.75 * 0.993 | + | 0.5 * 1.36 |
= | -26.26 |
* 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.
Thank you for viewing the detailed overview of Pacific Ventures Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Shannon Masjedi | director, 10 percent owner, officer: PRESIDENT, COO, AND SECRETARY | 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015 |
Marc Shenkman | director, officer: EXECUTIVE VICE PRESIDENT | 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015 |
Robert Emmitt Smith | director, officer: CHAIRMAN OF THE BOARD & CEO | 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015 |
Kent R. Sumner | 10 percent owner | 1248 BATEMAN PONDS WAY, WEST JORDAN UT 84084 |
Marion Philip Guthrie | 10 percent owner | THREE LINCOLN CENTRE, 5430 LBJ FWY., SUITE 1480, DALLAS TX 75240 |
Kip Eardley | director, 10 percent owner, officer: President & Secretary | P.O. BOX 901658, SANDY UT 84090 |
From GuruFocus
By ACCESSWIRE ACCESSWIRE • 08-25-2022
By ACCESSWIRE ACCESSWIRE • 07-06-2020
By ACCESSWIRE ACCESSWIRE • 05-20-2021
By ACCESSWIRE ACCESSWIRE • 07-01-2020
By ACCESSWIRE ACCESSWIRE • 08-02-2022
By ACCESSWIRE ACCESSWIRE • 06-22-2020
By ACCESSWIRE ACCESSWIRE • 03-28-2023
By ACCESSWIRE ACCESSWIRE • 05-02-2022
By ACCESSWIRE ACCESSWIRE • 08-26-2020
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.