OOOOF (OOOOO Entertainment Commerce) Change In Receivables: $0.14 Mil (TTM As of Jul. 2023)

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What is OOOOO Entertainment Commerce Change In Receivables?

OOOOO Entertainment Commerce OOOOF Change In Receivables is $0.14 Mil as of Jul. 2023.

OOOOO Entertainment Commerce's change in receivables for the quarter that ended in Jul. 2023 was $0.03 Mil. It means OOOOO Entertainment Commerce's Accounts Receivable declined by $0.03 Mil from Apr. 2023 to Jul. 2023 .

OOOOO Entertainment Commerce's change in receivables for the fiscal year that ended in Oct. 2022 was $0.07 Mil. It means OOOOO Entertainment Commerce's Accounts Receivable declined by $0.07 Mil from Oct. 2021 to Oct. 2022 .

OOOOO Entertainment Commerce's Accounts Receivable for the quarter that ended in Jul. 2023 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. OOOOO Entertainment Commerce's liquidation value for the three months ended in Jul. 2023 was $-2.79 Mil.

OOOOO Entertainment Commerce  (OTCPK:OOOOF) 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.

OOOOO Entertainment Commerce's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

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

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

OOOOO Entertainment Commerce's liquidation value for the quarter that ended in Jul. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-2.789+0.75 * 0+0.5 * 0
=-2.79

* 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.

OOOOO Entertainment Commerce Change In Receivables Related Terms

OOOOO Entertainment Commerce Change In Receivables Historical Data

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The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Change In Receivables Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.00 0.00 -0.12 0.07

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Change In Receivables 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 0.24 0.07 -0.08 0.13 0.03

OOOOO Entertainment Commerce 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 Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.14 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.14 Mil mean?
OOOOO Entertainment Commerce (OOOOF) has a Change In Receivables of $0.14 Mil as of Jul. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for OOOOO Entertainment Commerce and its competitors.
Is OOOOO Entertainment Commerce's Change In Receivables too high?
OOOOO Entertainment Commerce's current Change In Receivables is $0.14 Mil.
How does OOOOO Entertainment Commerce's Change In Receivables compare to GOOGL and META?
OOOOO Entertainment Commerce's Change In Receivables of $0.14 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Interactive Media company?
A good Change In Receivables depends on the Interactive Media industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for OOOOO Entertainment Commerce and its competitors. OOOOO Entertainment Commerce's current Change In Receivables is $0.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOOOO Entertainment Commerce stock overvalued right now?
OOOOO Entertainment Commerce (OOOOF) has a current Change In Receivables of $0.14 Mil. The current Change In Receivables is $0.14 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For OOOOO Entertainment Commerce (OOOOF), the current Change In Receivables is $0.14 Mil as of Jul. 2023. 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.

OOOOO Entertainment Commerce Business Description

Address C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.