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Mega Matrix (Mega Matrix) Accounts Receivable : $0.30 Mil (As of Mar. 2024)


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What is Mega Matrix Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mega Matrix's accounts receivables for the quarter that ended in Mar. 2024 was $0.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mega Matrix's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mega Matrix's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.06.


Mega Matrix Accounts Receivable Historical Data

The historical data trend for Mega Matrix'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.

Mega Matrix Accounts Receivable Chart

Mega Matrix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.26 - - -

Mega Matrix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 0.30

Mega Matrix Accounts Receivable Calculation

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


Mega Matrix 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.

Mega Matrix's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.297/8.692*91
=3.12

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

Mega Matrix's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(5.997+0.75 * 0.297+0.5 * 0-7.866
-0-0.441)/35.9406
=-0.06

* 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.


Mega Matrix Accounts Receivable Related Terms

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Mega Matrix (Mega Matrix) Business Description

Traded in Other Exchanges
N/A
Address
3000 El Camino Real, Building 4, Suite 200, Palo Alto, CA, USA, 94306
Mega Matrix Corp is a holding company. It operates through its two subsidiaries Mega Metaverse Corp (Mega) and JetFleet Management Corp (JMC). The Company has three business segments which are comprised of 1) ETH staking business, 2) the GameFi business, and 3) the leasing of regional aircraft to foreign and domestic regional airlines. The majority of the company's revenue is earned through Leasing business segment.
Executives
Yucheng Hu director, 10 percent owner, officer: CEO and Chairman GROUP 7, YANTAI VILLAGE, LAOYE TOWN, YINGSHAN, SICHUAN F4 00000000
Yunheng Zhang director, officer: Chief Operating Officer 3000 EL CAMINO REAL, BLDG 4, STE 200, PALO ALTO CA 94306
Jianan Jiang director 46886 BLACKBERRY CT, STERLING VA 20164
Siyuan Zhu director ROOM 1101, BUILDING 4, NO. 88 SOUTH WUNING RD., JINAN DISTRICT, SHANGHAI F4 00000000
Qin Yao director 5A, BUILDING E, NORTH BAONENG TAIGUCHENG, ZHONGXIN ROAD, NANSHAN DISTRICT, SHENZHEN, GUANGDONG F4 00000000
Qin Carol Wang officer: Chief Financial Officer ROOM 403, NO. 7, LANE 173, YANZHONG ROAD, PUDONG NEW DISTRICT, SHANGHAI F4 00000000
Florence Ng director, officer: GCO VP 1618 17TH AVENUE, SAN FRANCISCO CA 94122
David Paul Wilson director 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Michael Gerhard Magnusson officer: President & CEO 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Harold M Lyons officer: SVP Finance & CFO 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Evan M Wallach director 1440 CHAPIN AVE, STE 310, BURLINGAME CA 94010
Toni M Perazzo director, 10 percent owner, officer: Sr. V.P. Finance, Secty. 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
Neal D Crispin director, 10 percent owner, officer: President & Chairman 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Jetfleet Holding Corp. 10 percent owner 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010