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Bingo Nation (Bingo Nation) Accounts Receivable : $0.00 Mil (As of Dec. 2016)


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What is Bingo Nation Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bingo Nation's accounts receivables for the quarter that ended in Dec. 2016 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. Bingo Nation's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-0.02.


Bingo Nation Accounts Receivable Historical Data

The historical data trend for Bingo Nation'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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Bingo Nation Accounts Receivable Chart

Bingo Nation Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Accounts Receivable
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Bingo Nation Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Bingo Nation Accounts Receivable Calculation

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


Bingo Nation 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.

Bingo Nation's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

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

Bingo Nation's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 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 * 0-0.598
-0.005-0)/27.633
=-0.02

* 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.


Bingo Nation Accounts Receivable Related Terms

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Bingo Nation (Bingo Nation) Business Description

Traded in Other Exchanges
N/A
Address
6440 Sky Pointe Drive, Suite 140/149, Las Vegas, NV, USA, 89131
Bingo Nation Inc is a United States based entity specialized in tribal gaming, freemium marketing, lottery and interactive technology-based products. The company's portfolio includes proxy-player tribal gaming management, interactive advertising, and game sales via self-serve kiosks, smartphones, and tracking via secure cloud-based customer accounting systems.

Bingo Nation (Bingo Nation) Headlines

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