Frankly (Frankly) Accounts Receivable : $1.92 Mil (As of Sep. 2019)

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What is Frankly Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Frankly's accounts receivables for the quarter that ended in Sep. 2019 was $1.92 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Frankly's Days Sales Outstanding for the quarter that ended in Sep. 2019 was 37.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Frankly's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.10.

Frankly Accounts Receivable Historical Data

The historical data trend for Frankly'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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Frankly Accounts Receivable Chart

Frankly Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Receivable

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0.01

3.00

3.24

3.48

2.24

Frankly Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Receivable	Get a 7-Day Free Trial															2.19	2.24	1.31	1.66	1.92

Frankly Accounts Receivable Calculation

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

Frankly 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.

Frankly's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.924	/	4.653	*	91
=	37.73

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

Frankly's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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)
=	(1.847	+	0.75 * 1.924	+	0.5 * 0	-	6.257
-	0	-	0)	/	30.3822
=	-0.10

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.

Frankly Accounts Receivable Related Terms

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Frankly (Frankly) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Frankly Inc (OTCPK:FRNKF) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

27-01 Queens Plaza North, Suite 502, Long Island City, NY, USA, 11101

Website

https://www.franklyinc.com

Frankly Inc is a is a Canada-based company that provides a software platform for brands and media companies to create, distribute, analyze, and monetize their content on the web, mobile, and television. The company offers digital publishing software as a service and related advertising services for media sites on the Internet and integrated platform of the content management system, web and mobile publishing, social engagement and monetization. Its software enables site owners to design, build, and host sites to publish local content and information on digital platforms. The company also sources national and local advertising for its customers to distribute over multiple consumer devices.

Executives