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Concrete Leveling Systems (Concrete Leveling Systems) Accounts Receivable : $0.00 Mil (As of Jan. 2024)


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What is Concrete Leveling Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Concrete Leveling Systems's accounts receivables for the quarter that ended in Jan. 2024 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. Concrete Leveling Systems's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.04.


Concrete Leveling Systems Accounts Receivable Historical Data

The historical data trend for Concrete Leveling Systems'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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Concrete Leveling Systems Accounts Receivable Chart

Concrete Leveling Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
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Concrete Leveling Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Concrete Leveling Systems Accounts Receivable Calculation

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


Concrete Leveling Systems 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.

Concrete Leveling Systems's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

Concrete Leveling Systems's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.001+0.75 * 0+0.5 * 0.024-0.558
-0-0)/14.0278
=-0.04

* 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.


Concrete Leveling Systems Accounts Receivable Related Terms

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Concrete Leveling Systems (Concrete Leveling Systems) Business Description

Traded in Other Exchanges
N/A
Address
5046 East Boulevard, Northwest, Canton, OH, USA, 44718
Concrete Leveling Systems Inc is a United States-based company operating in two divisions. The concrete leveling division of the business fabricates and markets a concrete leveling service unit utilized in the concrete leveling industry. The gaming and hospitality division of the business focuses on casino gaming, hospitality, entertainment, and leisure time industries, and will pursue opportunities in the tribal and commercial casino gaming industries, both in California and Nevada.
Executives
Georgiou Family Trust Dated 6/22/09 10 percent owner 2857 PARADISE RD. #3502, LAS VEGAS NV 89109-9046
Ronald J Tassinari 10 percent owner PO BOX 81920, LAS VEGAS NV 89180
Jericho Partners Llc 10 percent owner 33 MAIN ST., NEWTOWN CT 06470
Rt Two Llc 10 percent owner P.O. BOX 81890, LAS VEGAS NV 89180
Robert Tassinari 10 percent owner P.O. BOX 194, NEWKINGSTON NY 12459
Edward A Barth director, 10 percent owner, officer: President 5046 EAST BLVD NW, CANTON OH 44718
Eugene H Swearengin director, officer: Secretary
Suzanne I Barth director, 10 percent owner, officer: President