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Aiadvertising (Aiadvertising) Accounts Receivable : $0.94 Mil (As of Sep. 2023)


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What is Aiadvertising Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aiadvertising's accounts receivables for the quarter that ended in Sep. 2023 was $0.94 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aiadvertising's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 41.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aiadvertising's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.00.


Aiadvertising Accounts Receivable Historical Data

The historical data trend for Aiadvertising'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.

Aiadvertising Accounts Receivable Chart

Aiadvertising Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.86 0.34 0.50 0.10

Aiadvertising Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.65 0.10 0.88 0.73 0.94

Aiadvertising Accounts Receivable Calculation

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


Aiadvertising 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.

Aiadvertising's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.944/2.09*91
=41.22

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

Aiadvertising's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.712+0.75 * 0.944+0.5 * 0-2.091
-0.002-0)/1334.41
=-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.


Aiadvertising Accounts Receivable Related Terms

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


Aiadvertising (Aiadvertising) Business Description

Traded in Other Exchanges
N/A
Address
1114 South Saint Mary’s, Suite 120, San Antonio, TX, USA, 78210
Aiadvertising Inc is a technology-driven provider of digital advertising solutions. The company's proprietary software empowers marketers by intelligently automating data-driven, repetitive tasks, and improving their ability to make predictions at scale. Its software platform harnesses the power of machine learning and artificial intelligence to eliminate guesswork, predict what works, and prove advertising's impact on financial results.
Executives
Hicks Thomas O Jr director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
James B. Renacci director C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FLOOR, PHILADELPHIA PA 19103
Texas Star Management Company, Llc director, 10 percent owner 18 DESTA DR., MIDLAND TX 79705
Hexagon Partners, Ltd. director, 10 percent owner 18 DESTA DR., MIDLAND TX 79705
Timothy M. Dunn director, 10 percent owner 18 DESTA DR., C/O TEXAS STAR MANAGEMENT COMPANY, LLC, MIDLAND TX 79705
John C Small officer: Chief Financial Officer 25 ROCK SHELTER ROAD, NEW YORK NY 10597
Mark D Fruehan director C/O AXESSTEL, INC., 6815 FLANDERS DR. #210, SAN DIEGO CA 92121
Virginia Rose O'meara director 809 CEDAR RD., SOUTHPORT CT 06890
Gerard Francis Hug, 10 percent owner 19 GUNTHERS VIEW, TOWACO NJ 07082
Maria Isabel Gongora officer: Chief Financial Officer 3790 BRAHMAN RD., BULVERDE TX 78163
Richard Berliner director C/O DIGITAL LOCATIONS, INC., 3700 STATE STREET, SUITE 350, SANTA BARBARA CA 93105
Kevin Michael Myers director 321 SIXTH STREET, SAN ANTONIO TX 78215
Bradley James Parscale director 618 CONTADORA, SAN ANTONIO TX 78258
Jonathan L Lei director, 10 percent owner, officer: CEO, President, CFO, Secretary 6144 CALLE REAL, SUITE 200, SANTA BARBARA CA 93117
Thunder Innovations Llc 10 percent owner 297 KINGSBURY GRADE, #100, PO BOX 4470, STATELINE NV 89449

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