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RIVF (Rivulet Entertainment) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Rivulet Entertainment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rivulet Entertainment'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. Rivulet Entertainment's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.01.


Rivulet Entertainment Accounts Receivable Historical Data

The historical data trend for Rivulet Entertainment'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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Rivulet Entertainment Accounts Receivable Chart

Rivulet Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Rivulet Entertainment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Rivulet Entertainment Accounts Receivable Calculation

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


Rivulet Entertainment 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.

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

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

Rivulet Entertainment'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)
=(0.046+0.75 * 0+0.5 * 0-0.166
-0-0)/12.977
=-0.01

* 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.


Rivulet Entertainment Accounts Receivable Related Terms

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Rivulet Entertainment Business Description

Traded in Other Exchanges
N/A
Address
7659 E. Wood Drive, Scottsdale, AZ, USA, 85260
Rivulet Entertainment Inc, formerly Advanced Voice Recognition Systems Inc is a software development company that is engaged in creating interface and application solutions for speech recognition technologies. It holds six issued patents and is also involved in patent monetization.
Executives
Blake Thorshov 10 percent owner 1112 SECOND STREET, LOS OSOS CA 93402
Michael Davis other: Consultant 1933 EAST MCDOWELL ROAD, PHOENIX AZ 85006
Joseph Miglietta other: Consultant 10353 EAST SUTTON, SCOTTSDALE AZ 85260
Douglas Holt other: Consultant 1465 EAST TIERRA STREET, GILBERT AZ 85297
Walter Geldenhuys director, 10 percent owner, officer: See Remarks 112 E SPRUCE STREET, MITCHELL SD 57301
Getty Don director 1273 POTTER GREENS DRIVE, EDMONTON A0 T5T 5Y8
Diane Jakowchuk officer: See Remarks 7659 EAST WOOD DRIVE, SCOTTSDALE AZ 85260
Lisa Robin Jacobson director, officer: Secretaty/Treasurer 9 REGAL WAY, SHERWOOD PARK A0 T8A 5N1
Stone Canyon Resources Inc. 10 percent owner 1530 - 9TH AVENUE SE, CALGARY A0 T2G 0T7
Christopher Yee director, 10 percent owner, officer: President #2 - 136 STONECREEK ROAD, CANMORE A0 T1W 3A5
Wally Yee director, 10 percent owner 9716 OAKHILL DRIVE S.W., CALGARY A0 T2V 3W5
Dave Burroughs director, 10 percent owner 11531-15 AVENUE, EDMONTON A0 T6J 7C9
Daniel R Koyich director, officer: Secretary / Treasurer 1451 ACADIA DRIVE S.E., CALGARY A0 T2J 5B1
Scott Koyich 10 percent owner 411 CLEARWATER LANDING SW, CALGARY A0 T3Z 3T8