Gaxos.AI (Gaxos.AI) Accounts Receivable : $0.00 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Gaxos.AI Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gaxos.AI's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gaxos.AI's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $4.47.

Gaxos.AI Accounts Receivable Historical Data

The historical data trend for Gaxos.AI'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.

Gaxos.AI Accounts Receivable Chart

Gaxos.AI Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

Gaxos.AI Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial				-	-	-	-	-

Gaxos.AI Accounts Receivable Calculation

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

Gaxos.AI 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.

Gaxos.AI's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Gaxos.AI'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)
=	(5.404	+	0.75 * 0	+	0.5 * 0	-	0.514
-	0	-	0)	/	1.09367
=	4.47

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.

Gaxos.AI Accounts Receivable Related Terms

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

Gaxos.AI (Gaxos.AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gaxos.AI Inc (NAS:GXAI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Eisenhower Parkway, Suite 300, Roseland, NJ, USA, 07068

Website

https://www.nftgco.com

Gaxos.AI Inc formerly NFT Gaming Co Inc is developing a digital gaming platform that will offer its proprietary games as well as games developed and published by third parties. It is developing a gaming platform, called Gaxos, founded with a vision to develop, design, acquire, and manage conventional games and to combine these games with unconventional game mechanisms, such as the ability to create and mint unique in-game features, such as skins, characters, weapons, gear, levels, and virtual lands.

Executives

Vadim Mats	director, officer: Chief Executive Officer	285 GRAND AVENUE, ENGLEWOOD NJ 07631
Steven A Shorr	officer: Chief Financial Officer	33 MAIDEN LANE, 5TH FLOOR, NEW YORK NY 10038
Scott Grayson	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Adam Holzer	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Alex Kisin	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068