GURUFOCUS.COM » STOCK LIST » Technology » Software » iGen Networks Corp (OTCPK:IGEN) » Definitions » Accounts Receivable

iGen Networks (iGen Networks) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


View and export this data going back to 2007. Start your Free Trial

What is iGen Networks Accounts Receivable?

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

Accounts receivable can be measured by Days Sales Outstanding. iGen Networks'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. iGen Networks's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.00.


iGen Networks Accounts Receivable Historical Data

The historical data trend for iGen Networks'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.

iGen Networks Accounts Receivable Chart

iGen Networks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.06 0.05 0.04

iGen Networks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.01 0.04 - - -

iGen Networks Accounts Receivable Calculation

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


iGen Networks 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.048*91
=0.00

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

iGen Networks'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)
=(0+0.75 * 0+0.5 * 0.033-1.455
-0.032-0)/2800.19
=-0.00

* 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.


iGen Networks Accounts Receivable Related Terms

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


iGen Networks (iGen Networks) Business Description

Traded in Other Exchanges
N/A
Address
31772 Casino Drive, Suite C, Lake Elsinore, CA, USA, 92530
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.
Executives
Neil Gene Chan director, officer: CEO 1075 ST. DAVID STREET, VICTORIA A1 V8S 4Y7
Robert G Friedman director, 10 percent owner 510 EAST 80 STREET, NEW YORK NY 10075
Sierra Abel Israel Sr officer: VP/GM 28375 ROSTRATA AVE, LAKE ELSINORE CA 92532
Robert Nealon director 119 NORTH HENRY STREET, ALEXANDRIA VA 22314
Richard Allan Freeman director, officer: COO 361 WEST 20TH AVE, VANCOUVER A1 V5Y 2C5
Richard Gilbertson director, officer: Chief Financial Officer 408 WEST PALM AIRE DRIVE, POMPANO BEACH FL 33069
Chris Shade director 84283 - 5512 4TH STREET NW, CALGARY A0 T2K 1A9
Monty Ormsby director, officer: President 5605 INDIGO BAY WAY, LAS VEGAS NV 89131
Michael Grudman director, officer: CFO 104 - 838 W16TH AVE, VANCOUVER A1 V5Z 1T1