TPTW (TPT Global Tech) Accounts Receivable: $0.00 Mil (As of Sep. 2024)

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What is TPT Global Tech Accounts Receivable?

TPT Global Tech TPTW -99.00% Accounts Receivable is $0.00 Mil as of Sep. 2024.

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

Accounts receivable can be measured by Days Sales Outstanding. TPT Global Tech's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TPT Global Tech's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.01.


TPT Global Tech 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.

TPT Global Tech's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.137*91
=0.00

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

TPT Global Tech's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.012+0.75 * 0+0.5 * 0-97.38
-0--0.659)/6616.125
=-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.


TPT Global Tech Accounts Receivable Related Terms


TPT Global Tech Accounts Receivable Historical Data

* Premium members only.

The historical data trend for TPT Global Tech'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.

TPT Global Tech Accounts Receivable Chart

TPT Global Tech Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.17 0.18 0.27 0.03

TPT Global Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.06 0.03 0.05 0.04 0.00

TPT Global Tech 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 $0.00 Mil mean?
TPT Global Tech (TPTW) has a Accounts Receivable of $0.00 Mil as of Sep. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TPT Global Tech and its competitors.
Is TPT Global Tech's Accounts Receivable too high?
TPT Global Tech's current Accounts Receivable is $0.00 Mil.
How does TPT Global Tech's Accounts Receivable compare to BDRL and MLRT?
TPT Global Tech's Accounts Receivable of $0.00 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Receivable depends on the Hardware 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 TPT Global Tech and its competitors. TPT Global Tech's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPT Global Tech stock overvalued right now?
TPT Global Tech (TPTW) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. 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 TPT Global Tech (TPTW), the current Accounts Receivable is $0.00 Mil as of Sep. 2024. 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.

TPT Global Tech Business Description

Address 501 West Broadway, Suite 800, San Diego, CA, USA, 92101
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).