Freeze Tag (Freeze Tag) Change In Receivables : $-0.01 Mil (TTM As of Mar. 2024)

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What is Freeze Tag Change In Receivables?

Freeze Tag's change in receivables for the quarter that ended in Mar. 2024 was $-0.00 Mil. It means Freeze Tag's Accounts Receivable increased by $0.00 Mil from Dec. 2023 to Mar. 2024 .

Freeze Tag's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.00 Mil. It means Freeze Tag's Accounts Receivable increased by $0.00 Mil from Dec. 2022 to Dec. 2023 .

Freeze Tag's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.02 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. Freeze Tag's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Freeze Tag's liquidation value for the three months ended in Mar. 2024 was $-0.97 Mil.

Freeze Tag Change In Receivables Historical Data

The historical data trend for Freeze Tag'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.

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Freeze Tag Change In Receivables Chart

Freeze Tag Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.01

Freeze Tag Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-0.01	-	-	-

Freeze Tag Change In Receivables Calculation

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Freeze Tag (OTCPK:FRZT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.024	/	0.469	*	91
=	4.67

2. In Ben Graham's calculation of liquidation value, Freeze Tag's accounts receivable are only considered to be worth 75% of book value:

Freeze Tag's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.202	-	1.19	+	0.75 * 0.024	+	0.5 * 0
=	-0.97

Freeze Tag Change In Receivables Related Terms

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Freeze Tag (Freeze Tag) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Freeze Tag Inc (OTCPK:FRZT) » Definitions » Change In Receivables

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Address

360 E 1st Street, Suite 450, Tustin, CA, USA, 92780

Website

https://www.freezetag.com

Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.

Executives

Vardeman Robert Don Jr	director, 10 percent owner, officer: President	1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland	director, 10 percent owner, officer: President and CEO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo	director, 10 percent owner, officer: Secretary and CFO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780