GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Favo Capital Inc (OTCPK:FAVO) » Definitions » Accounts Receivable

Favo Capital (Favo Capital) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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

What is Favo Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Favo Capital's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Favo Capital's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Favo Capital's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.39.


Favo Capital Accounts Receivable Historical Data

The historical data trend for Favo Capital'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.

Favo Capital Accounts Receivable Chart

Favo Capital Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 - - -

Favo Capital Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Sep22 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 - - - - -

Favo Capital Accounts Receivable Calculation

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


Favo Capital 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3.281*91
=0.00

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

Favo Capital'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)
=(1.079+0.75 * 0+0.5 * 0-35.109
-0.003-0)/87.3547
=-0.39

* 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.


Favo Capital Accounts Receivable Related Terms

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


Favo Capital (Favo Capital) Business Description

Traded in Other Exchanges
N/A
Address
1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590
Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.

Favo Capital (Favo Capital) Headlines

From GuruFocus