FASDF (Fantasy Aces Daily Fantasy Sports) Accounts Receivable: $0.02 Mil (As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Accounts Receivable?

Fantasy Aces Daily Fantasy Sports FASDF Accounts Receivable is $0.02 Mil as of Sep. 2016.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fantasy Aces Daily Fantasy Sports's accounts receivables for the quarter that ended in Sep. 2016 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fantasy Aces Daily Fantasy Sports's Days Sales Outstanding for the quarter that ended in Sep. 2016 was 4.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fantasy Aces Daily Fantasy Sports's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $-0.04.

Fantasy Aces Daily Fantasy Sports 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.

Fantasy Aces Daily Fantasy Sports's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.018/0.347*91
=4.73

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

Fantasy Aces Daily Fantasy Sports's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.339+0.75 * 0.018+0.5 * 0-2.171
-0-0)/42.005
=-0.04

* 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.

Fantasy Aces Daily Fantasy Sports Accounts Receivable Related Terms

Fantasy Aces Daily Fantasy Sports Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Accounts Receivable Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.06 0.00 0.08

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.02 0.08 0.01 0.01 0.02

Fantasy Aces Daily Fantasy Sports Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.02 Mil mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Accounts Receivable of $0.02 Mil as of Sep. 2016. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Accounts Receivable too high?
Fantasy Aces Daily Fantasy Sports' current Accounts Receivable is $0.02 Mil.
How does Fantasy Aces Daily Fantasy Sports' Accounts Receivable compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Accounts Receivable of $0.02 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Interactive Media company?
A good Accounts Receivable depends on the Interactive Media industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors. Fantasy Aces Daily Fantasy Sports's current Accounts Receivable is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Accounts Receivable of $0.02 Mil. The current Accounts Receivable is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Fantasy Aces Daily Fantasy Sports (FASDF), the current Accounts Receivable is $0.02 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.