GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Accounts Receivable

Generative AI Solutions (Generative AI Solutions) Accounts Receivable : $0.27 Mil (As of Jan. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Generative AI Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Generative AI Solutions's accounts receivables for the quarter that ended in Jan. 2024 was $0.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Generative AI Solutions's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 183.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Generative AI Solutions's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $0.01.


Generative AI Solutions Accounts Receivable Historical Data

The historical data trend for Generative AI Solutions'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.

Generative AI Solutions Accounts Receivable Chart

Generative AI Solutions Annual Data
Trend Feb22 Jan23 Jan24
Accounts Receivable
- - 0.27

Generative AI Solutions Quarterly Data
May20 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24
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 - - - - 0.27

Generative AI Solutions Accounts Receivable Calculation

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


Generative AI Solutions 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.

Generative AI Solutions's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.273/0.136*91
=183.17

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

Generative AI Solutions'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)
=(1.234+0.75 * 0.273+0.5 * 0-0.872
-0--0.13)/77.0817
=0.01

* 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.


Generative AI Solutions Accounts Receivable Related Terms

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


Generative AI Solutions (Generative AI Solutions) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.