Consolidated Capital Of North America (Consolidated Capital Of North America) Accounts Receivable : $0.12 Mil (As of Dec. 2022)

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What is Consolidated Capital Of North America Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Consolidated Capital Of North America's accounts receivables for the quarter that ended in Dec. 2022 was $0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Consolidated Capital Of North America's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 90.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Consolidated Capital Of North America's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $0.00.

Consolidated Capital Of North America Accounts Receivable Historical Data

The historical data trend for Consolidated Capital Of North America'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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Consolidated Capital Of North America Accounts Receivable Chart

Consolidated Capital Of North America Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

0.12

Consolidated Capital Of North America Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22
Accounts Receivable	-	-	-	0.12

Consolidated Capital Of North America Accounts Receivable Calculation

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

Consolidated Capital Of North America 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.

Consolidated Capital Of North America's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.119	/	0.24	*	91
=	90.49

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

Consolidated Capital Of North America's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=	(0.102	+	0.75 * 0.119	+	0.5 * 0	-	0.01
-	0	-	0)	/	205.719
=	0.00

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.

Consolidated Capital Of North America Accounts Receivable Related Terms

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Consolidated Capital Of North America (Consolidated Capital Of North America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Consolidated Capital Of North America Inc (OTCPK:CDNO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1530 16th Street, Suite 200, Denver, CO, USA, 80202

Website

http://www.nywkj.com/en

Consolidated Capital Of North America Inc through its online platforms is a service provider focusing on Women's travel. The company relies on the Internet plus offline entity management mode to provide users with integrated services such as travel, health, entertainment, and education. It has service platforms such as nvyou.com, lvxiaoer app, travel agency, and others. Its revenues are derived from membership sales, advertising income, and online malls.

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