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Trump Media & Technology Group (Trump Media & Technology Group) Accounts Receivable : $0.08 Mil (As of Dec. 2023)


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What is Trump Media & Technology Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trump Media & Technology Group's accounts receivables for the quarter that ended in Dec. 2023 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trump Media & Technology Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 3.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trump Media & Technology Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.49.

Trump Media & Technology Group Accounts Receivable Historical Data

The historical data trend for Trump Media & Technology 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.

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Trump Media & Technology Group Accounts Receivable Chart

Trump Media & Technology Group Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- 0.51 0.08

Trump Media & Technology Group Semi-Annual Data
Dec21 Dec22 Dec23
Accounts Receivable - 0.51 0.08

Trump Media & Technology Group Accounts Receivable Calculation

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

Trump Media & Technology 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.

Trump Media & Technology Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.081/4.131*91
=3.58

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

Trump Media & Technology Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.573+0.75 * 0.081+0.5 * 0-70.126
-0-0)/136.701
=-0.49

* 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.

Trump Media & Technology Group Accounts Receivable Related Terms

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Trump Media & Technology Group (Trump Media & Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trump Media & Technology Group Corp (NAS:DJT) » Definitions » Accounts Receivable
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Traded in Other Exchanges
DJTWW:USA
Address
401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232
Website
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Trump Media & Technology Group (Trump Media & Technology Group) Headlines

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