GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Generation Alpha Inc (OTCPK:GNAL) » Definitions » Accounts Receivable

Generation Alpha (Generation Alpha) Accounts Receivable : $0.11 Mil (As of Jun. 2021)


View and export this data going back to 2009. Start your Free Trial

What is Generation Alpha Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Generation Alpha's accounts receivables for the quarter that ended in Jun. 2021 was $0.11 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Generation Alpha's Days Sales Outstanding for the quarter that ended in Jun. 2021 was 21.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Generation Alpha's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-0.17.


Generation Alpha Accounts Receivable Historical Data

The historical data trend for Generation Alpha'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.

* Premium members only.

Generation Alpha Accounts Receivable Chart

Generation Alpha Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.42 0.09 - 0.05

Generation Alpha Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.05 0.07 0.05 0.11 0.11

Generation Alpha Accounts Receivable Calculation

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


Generation Alpha 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.

Generation Alpha's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.107/0.463*91
=21.09

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

Generation Alpha's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=(0.273+0.75 * 0.107+0.5 * 0.085-10.458
-0-0)/60.6102
=-0.17

* 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.


Generation Alpha Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Generation Alpha's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Generation Alpha (Generation Alpha) Business Description

Traded in Other Exchanges
N/A
Address
1689-A Arrow Route, Upland, CA, USA, 91786
Generation Alpha Inc researches, designs, develops and manufactures advanced, energy-efficient indoor horticulture lighting and ancillary equipment. The company's products portfolio includes digital ballasts, digital lamps, reflectors, lighting accessories, and others. Its products are used for, the hydroponic and indoor growing of other horticultural products, such as hothouse vegetables, decorative plant nurseries, indoor aquariums, and industrial painting facilities and sold to retail stores, distributors and commercial growers.
Executives
David Anthony Lenigas director C/O GENERATION ALPHA, INC. 853 SANDHILL AVENUE CARSON CA 90746
Peter Michael Najarian director C/O SOLIS TEK INC. 853 SANDHILL AVENUE CARSON CA 90746
Tiffany N. Davis officer: CHIEF OPERATING OFFICER 11852 MANHATTAN CT., RANCHO CUCAMONGA CA 91730
Dennis G. Forchic director, officer: Chief Executive Officer 16926 SOUTH KEEGAN AVENUE. SUITE A CARSON CA 90746
Alan Lien director, 10 percent owner, officer: CEO, Secretary & CFO 16926 S KEEGAN AVE STE A CARSON CA 90746
Alvin Hao director, 10 percent owner, officer: COO and President 16926 S KEEGAN AVE STE A CARSON CA 90746
Diane S Button director, 10 percent owner, officer: President Secretary Treasurer 123 WEST NYE LANE, STE. 129, CARSON CITY NV 89706
Russell Schechter director, 10 percent owner, officer: President, Secretary, Treasure 7979 IVANHOE AVENUE LA JOLLE CA 92037
Cynthia L. Grisham director, 10 percent owner, officer: President/Secretary/Treasurer 2050 RUSSETT WAY CARSON CITY NV 89703