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Worldwide Strategies (Worldwide Strategies) Accounts Receivable : $0.00 Mil (As of Apr. 2023)


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What is Worldwide Strategies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Worldwide Strategies's accounts receivables for the quarter that ended in Apr. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Worldwide Strategies's Days Sales Outstanding for the quarter that ended in Apr. 2023 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. Worldwide Strategies's Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was $-0.06.


Worldwide Strategies Accounts Receivable Historical Data

The historical data trend for Worldwide Strategies'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.

Worldwide Strategies Accounts Receivable Chart

Worldwide Strategies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul20 Jul21 Jul22
Accounts Receivable
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Worldwide Strategies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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Worldwide Strategies Accounts Receivable Calculation

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


Worldwide Strategies 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.

Worldwide Strategies's Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.01*91
=0.00

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

Worldwide Strategies's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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+0.75 * 0+0.5 * 0-1.677
-0.005-0)/26.5807
=-0.06

* 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.


Worldwide Strategies Accounts Receivable Related Terms

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Worldwide Strategies (Worldwide Strategies) Business Description

Traded in Other Exchanges
N/A
Address
1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208
Worldwide Strategies Inc is a shell company.
Executives
Thomas Edward Mccabe officer: Chief Financial Officer 10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney director 2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia 10 percent owner 8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen director
James P Samuels director, 10 percent owner, officer: CEO 3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg director 18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo director 1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville director, officer: CFO 3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane director 3620 MAIN STREET, MUNHALL PA 15120

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