East Side Games Group (East Side Games Group) Accounts Receivable : $5.88 Mil (As of Mar. 2024)

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What is East Side Games Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. East Side Games Group's accounts receivables for the quarter that ended in Mar. 2024 was $5.88 Mil.

Accounts receivable can be measured by Days Sales Outstanding. East Side Games Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 34.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. East Side Games Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.05.

East Side Games Group Accounts Receivable Historical Data

The historical data trend for East Side Games Group'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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East Side Games Group Accounts Receivable Chart

East Side Games Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

9.94

7.40

5.73

5.95

East Side Games Group Quarterly Data
	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial														6.92	6.14	5.47	5.95	5.88

East Side Games Group Accounts Receivable Calculation

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

East Side Games Group 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.

East Side Games Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.884	/	15.389	*	91
=	34.89

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

East Side Games Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(5.356	+	0.75 * 5.884	+	0.5 * 0	-	13.935
-	0	-	0)	/	81.5364
=	-0.05

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.

East Side Games Group Accounts Receivable Related Terms

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East Side Games Group (East Side Games Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » East Side Games Group Inc (OTCPK:EAGRF) » Definitions » Accounts Receivable

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Traded in Other Exchanges

EAGR:Canada

Address

#3104 - 1055 Dunsmuir Street, Four Bentall Centre, Vancouver, BC, CAN, V7X 1G4

Website

https://www.eastsidegamesgroup.com

East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It's Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.