PACV (Pacific Ventures Group) Accounts Receivable: $0.99 Mil (As of Sep. 2023)

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PACV Pacific Ventures Group Inc PACV
12 GF Score
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What is Pacific Ventures Group Accounts Receivable?

Pacific Ventures Group PACV 12 Accounts Receivable is $0.99 Mil as of Sep. 2023. GuruFocus rates PACV with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pacific Ventures Group's accounts receivables for the quarter that ended in Sep. 2023 was $0.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pacific Ventures Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 12.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pacific Ventures Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-7.96.


Pacific Ventures Group 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.

Pacific Ventures Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.993/7.497*91
=12.09

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

Pacific Ventures Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(0.152+0.75 * 0.993+0.5 * 1.36-27.832
-0.004-0)/3.299
=-7.96

* 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.


Pacific Ventures Group Accounts Receivable Related Terms


Pacific Ventures Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Pacific Ventures Group'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.

Pacific Ventures Group Accounts Receivable Chart

Pacific Ventures Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 1.29 1.21 1.40 1.13

Pacific Ventures Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.09 1.13 0.66 0.75 0.99
PACV
12GF Score
Pacific Ventures Group Inc PACV
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pacific Ventures Group 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 $0.99 Mil mean?
Pacific Ventures Group (PACV) has a Accounts Receivable of $0.99 Mil as of Sep. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Pacific Ventures Group and its competitors.
Is Pacific Ventures Group's Accounts Receivable too high?
Pacific Ventures Group's current Accounts Receivable is $0.99 Mil. Overall, Pacific Ventures Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pacific Ventures Group's Accounts Receivable compare to USCTF and BLPG?
Pacific Ventures Group's Accounts Receivable of $0.99 Mil can be compared against companies in the Retail - Defensive 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 a Retail - Defensive company?
A good Accounts Receivable depends on the Retail - Defensive 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 Pacific Ventures Group and its competitors. Pacific Ventures Group's current Accounts Receivable is $0.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Ventures Group stock overvalued right now?
Pacific Ventures Group (PACV) has a current Accounts Receivable of $0.99 Mil. The current Accounts Receivable is $0.99 Mil. Pacific Ventures Group's overall GF Score™ is 12/100. 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 Pacific Ventures Group (PACV), the current Accounts Receivable is $0.99 Mil as of Sep. 2023. 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.

Pacific Ventures Group Business Description

Address 117 West 9th Street, Suite 316, Los Angeles, CA, USA, 90015
Pacific Ventures Group Inc is focused on expansion within the consumer products, food, beverage, and alcohol-related industries. Its customers range from a wide variety of restaurants, including many well-known in Southern CA, to institutions, schools, and re-distributors such as U.S. Foods and Sysco as well as to local distributors. It supplies wholesale food and restaurant supplies to San Diego, Los Angeles, Orange, and Riverside and offers same-day service. In addition, it has clients in Arizona and Colorado that come to its facility to pick up their orders.
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Get the complete analysis for PACV

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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