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Playground Ventures (XCNQ:PLAY) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


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What is Playground Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Playground Ventures's accounts receivables for the quarter that ended in Dec. 2024 was C$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. Playground Ventures's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.00.


Playground Ventures Accounts Receivable Historical Data

The historical data trend for Playground Ventures'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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Playground Ventures Accounts Receivable Chart

Playground Ventures Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
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Playground Ventures Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Playground Ventures Accounts Receivable Calculation

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


Playground Ventures 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.

Playground Ventures's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

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

Playground Ventures's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.011+0.75 * 0+0.5 * 0-0.367
-0-0)/84.442
=-0.00

* 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.


Playground Ventures Accounts Receivable Related Terms

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Playground Ventures Business Description

Traded in Other Exchanges
N/A
Address
1100-736 Granville Street, Vancouver, BC, CAN, V6Z 1G3
Playground Ventures Inc, formerly Blocplay Entertainment Inc is a Canada-based video game publisher that publishes video games that either develop internally or engage a video game developer to build. The company is mainly engaged in the business of software games development and related services. The company derives its revenue from development fees, which is contract-specific for the development of technology; and online game sales, and platform sales.
Executives
Damien Edward Reynolds 10% Security Holder
Harrison Hayden Reynolds Director
Emma Fairhurst 10% Security Holder