OverActive Media (OverActive Media) Accounts Receivable : $5.06 Mil (As of Mar. 2024)

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What is OverActive Media Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OverActive Media's accounts receivables for the quarter that ended in Mar. 2024 was $5.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. OverActive Media's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 170.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OverActive Media's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.15.

OverActive Media Accounts Receivable Historical Data

The historical data trend for OverActive Media'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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OverActive Media Accounts Receivable Chart

OverActive Media Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

1.50

3.83

4.85

2.98

OverActive Media Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial										3.04	4.43	2.80	2.98	5.06

OverActive Media Accounts Receivable Calculation

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

OverActive Media 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.061	/	2.703	*	91
=	170.85

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

OverActive Media'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)
=	(7.43	+	0.75 * 5.061	+	0.5 * 0	-	29.959
-	0	-	0)	/	125.336
=	-0.15

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.

OverActive Media Accounts Receivable Related Terms

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OverActive Media (OverActive Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » OverActive Media Corp (OTCPK:OAMCF) » Definitions » Accounts Receivable

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Traded in Other Exchanges

OAM:Canada

Address

41 Fraser Avenue, Toronto, ON, CAN, M6K 1Y7

Website

https://www.overactivemedia.com

OverActive Media Corp owns and operates an integrated portfolio of esports teams as well as audience engagement. It is involved in delivering sports, media, and entertainment products focused on esports, video games, content, culture, and live and online events for the next generation of fans. Its segments are Team Operations and Business Operations segments. The company generates maximum revenue from the Team Operations segment. Geographically, it derives a majority of revenue from Canada.