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Zero Gravity Solutions (Zero Gravity Solutions) Accounts Receivable : $0.00 Mil (As of Sep. 2019)


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What is Zero Gravity Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zero Gravity Solutions's accounts receivables for the quarter that ended in Sep. 2019 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zero Gravity Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2019 was 5.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zero Gravity Solutions's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.08.


Zero Gravity Solutions Accounts Receivable Historical Data

The historical data trend for Zero Gravity Solutions'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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Zero Gravity Solutions Accounts Receivable Chart

Zero Gravity Solutions Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial - 0.05 0.12 - -

Zero Gravity Solutions Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - - -

Zero Gravity Solutions Accounts Receivable Calculation

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


Zero Gravity Solutions 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.

Zero Gravity Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.001/0.016*91
=5.70

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

Zero Gravity Solutions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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)
=(0.505+0.75 * 0.001+0.5 * 0.047-3.685
-0--0.001)/39.4323
=-0.08

* 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.


Zero Gravity Solutions Accounts Receivable Related Terms

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Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Traded in Other Exchanges
N/A
Address
190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431
Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.
Executives
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle director 6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams director 2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye director, officer: Chairman 190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

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