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Delphx Capital Markets (TSXV:DELX) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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What is Delphx Capital Markets Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Delphx Capital Markets's accounts receivables for the quarter that ended in Mar. 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. Delphx Capital Markets's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$-0.03.


Delphx Capital Markets Accounts Receivable Historical Data

The historical data trend for Delphx Capital Markets'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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Delphx Capital Markets Accounts Receivable Chart

Delphx Capital Markets Annual Data
Trend Jan17 Jan18 Dec19 Dec20 Dec21 Dec22 Dec23
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Delphx Capital Markets Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Delphx Capital Markets Accounts Receivable Calculation

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


Delphx Capital Markets 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.

Delphx Capital Markets's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Delphx Capital Markets's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.029+0.75 * 0+0.5 * 0-4.151
-0-0)/154.66
=-0.03

* 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.


Delphx Capital Markets Accounts Receivable Related Terms

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Delphx Capital Markets (TSXV:DELX) Business Description

Traded in Other Exchanges
Address
15 Prince Arthur Avenue, Toronto, ON, CAN, M5R 1B2
Delphx Capital Markets Inc is a Canada based company. Its principal business activity is to develop and operate a global facility for transparent offering, purchase, sale, collection, and storage of certain fixed income securities and derivatives, and to manage data, research, analytics, and valuations of such instruments. The company operates in Canada and the United States.
Executives
Salim Hasham Director

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