Cyberloq Technologies (Cyberloq Technologies) Accounts Receivable : $0.01 Mil (As of Dec. 2023)

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What is Cyberloq Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cyberloq Technologies's accounts receivables for the quarter that ended in Dec. 2023 was $0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cyberloq Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 60.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cyberloq Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.01.

Cyberloq Technologies Accounts Receivable Historical Data

The historical data trend for Cyberloq Technologies'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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Cyberloq Technologies Accounts Receivable Chart

Cyberloq Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.04

0.01

Cyberloq Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	0.01

Cyberloq Technologies Accounts Receivable Calculation

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

Cyberloq Technologies 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.

Cyberloq Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.01	/	0.015	*	91
=	60.83

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

Cyberloq Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(0.307	+	0.75 * 0.01	+	0.5 * 0	-	1.021
-	0	-	0)	/	122.59
=	-0.01

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.

Cyberloq Technologies Accounts Receivable Related Terms

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Cyberloq Technologies (Cyberloq Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyberloq Technologies Inc (OTCPK:CLOQ) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

4837 Swift Road, Suite 210-1, Sarasota, FL, USA, 34231

Website

https://www.cyberloq.com

Cyberloq Technologies Incis a development-stage technology company engaged in fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ which is a banking fraud prevention technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts. The Company also offers a web-based proprietary software platform under the brand name TurnScor which allows customers to monitor and manage their credit from the privacy of their own homes. The Company derives its revenue from development, customization and user fees for the CyberloQ banking fraud technology products, including CyberloQ Vault, and from licensing fees for the TurnScor product.

Executives

Edwin Leon Hurst	director	218 CINDALYN DR., NEW HOLLAND PA 17557
Rex S Schuette	director	101 JULIUS CHAMBERS DRIVE, BLAIRSVILLE GA 30512
Mark Carten	director, officer: Chief Technical Officer	187 QUAKER LANE, NORTH SCITUATE RI 02857
Peter J Vazquez	other: Counsel for ACRT	18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Enrico Giordano	director, officer: Secretary & Treasurer	740 S. FEDERAL HIGHWAY, UNIT 606, POMPANO BEACH FL 33062
Christopher S. Jackson	officer: CEO	1915 PLAZA DR., SUITE #202, EAGAN MN 55122