Genesis Electronics Group (Genesis Electronics Group) Accounts Receivable : $0.00 Mil (As of Jun. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Genesis Electronics Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Genesis Electronics Group's accounts receivables for the quarter that ended in Jun. 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. Genesis Electronics Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.00.

Genesis Electronics Group Accounts Receivable Historical Data

The historical data trend for Genesis Electronics 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.

Genesis Electronics Group Accounts Receivable Chart

Genesis Electronics Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Accounts Receivable

Get a 7-Day Free Trial

Genesis Electronics Group Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Jun22	Jun23
Accounts Receivable	Get a 7-Day Free Trial												-	-	-	-	-

Genesis Electronics Group Accounts Receivable Calculation

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

Genesis Electronics 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.

Genesis Electronics Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Genesis Electronics Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.044	+	0.75 * 0	+	0.5 * 0	-	2.61
-	0	-	0)	/	2123.78
=	-0.00

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.

Genesis Electronics Group Accounts Receivable Related Terms

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

Genesis Electronics Group (Genesis Electronics Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Genesis Electronics Group Inc (OTCPK:GEGI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 S Rio Grande St No.2072, Salt lake, UT, USA, 84101

Website

https://www.genesis-electronics.com

Genesis Electronics Group Inc, through Its wholly-owned subsidiary Glid, is building the first of Its kind autonomous road-to-rail shipping vehicles called Gliders. Gliders will enable fully-loaded semi-trailers access to rails where traditionally it didn't make sense. Genesis Electronics Group plans on owning and operating each Glider in its fleet and providing a "Glider-as-a-Service" business model.

Executives

Raymond F Purdon	director	48 BROAD STREET #321, RED BANK NJ 07701
Joe J Puentes	director, 10 percent owner, officer: president	3900 HOLLYWOOD BLVD #203, HOLLYWOOD FL 33021
Edward C Dillon	director, 10 percent owner, officer: CEO	3900 HOLLYWOOD BLVD #203, HOLLYWOOD FL 33021
Nelson Stark	director	3900 HOLLYWOOD BLVD. #203, HOLLYWOOD FL 33021
Bernard Gutman	director	1950 S. OCEAN DR. 21 G, HALLANDALE BEACH FL 33009
Howard M Neu	director	1152 N. UNIVERSITY DR. SUITE 201, PEMBROKE PINES FL 33024
Robert Petrocelli	director	1920 EAST HALLANDALE BEACH BLVD., SUITE 100, HALLANDALE FL 33009

Genesis Electronics Group (Genesis Electronics Group) Headlines

From GuruFocus

Genesis Electronics Group, Inc. (GEGI) Announces Pacific Stock Transfer Co. Has Updated GEGI's Share Structure Via The OTC Markets Transfer Agents Shares Program

By Marketwired Marketwired • 04-12-2019