ADGO (Advantego) Change In Receivables : $0.07 Mil (TTM As of Jun. 2020)

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What is Advantego Change In Receivables?

Advantego's change in receivables for the quarter that ended in Jun. 2020 was $0.00 Mil. It means Advantego's Accounts Receivable declined by $0.00 Mil from Mar. 2020 to Jun. 2020 .

Advantego's change in receivables for the fiscal year that ended in Dec. 2019 was $0.02 Mil. It means Advantego's Accounts Receivable declined by $0.02 Mil from Dec. 2018 to Dec. 2019 .

Advantego's Accounts Receivable for the quarter that ended in Jun. 2020 was $0.00 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advantego's liquidation value for the three months ended in Jun. 2020 was $-3.43 Mil.

Advantego Change In Receivables Historical Data

The historical data trend for Advantego's Change In Receivables 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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Advantego Change In Receivables Chart

Advantego Annual Data

Trend

Dec10

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Dec12

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Dec19

Change In Receivables

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-0.03

0.02

Advantego Quarterly Data
	Jun13	Sep13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Change In Receivables	Get a 7-Day Free Trial															-0.05	-0.02	0.08	-	-

Advantego Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 Mil.

Advantego (OTCPK:ADGO) Change In Receivables 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 Receivable are being managed.

Advantego's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

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

2. In Ben Graham's calculation of liquidation value, Advantego's accounts receivable are only considered to be worth 75% of book value:

Advantego's liquidation value for the quarter that ended in Jun. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	3.432	+	0.75 * 0	+	0.5 * 0
=	-3.43

Advantego Change In Receivables Related Terms

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Advantego Business Description

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Address

2000 S. Colorado Boulevard, Tower 1, Suite 2000, Denver, CO, USA, 80222

Website

https://www.advantego.com

Advantego Corp is a United States-based company engaged in designing, developing and implementing digital communications and intelligent software solutions as a specialized Business Process as a Service (BPaaS). Its products and services enable organizations to create a comprehensive promotional and marketing campaign using social media marketing, customer relationship management, and lead generation. The company's products and services are provided through Intelligent Solution Platform. Its portfolio of solutions includes a business rules engine, customer management, workflow management, vendor management, order management, accounting, and others. Currently, the company has no operational activity.