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Impact Development Group (TSXV:IMPT) Accounts Receivable : C$0.00 Mil (As of Jun. 2023)


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What is Impact Development Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Impact Development Group's accounts receivables for the quarter that ended in Jun. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Impact Development Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Impact Development Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was C$-3.92.


Impact Development Group Accounts Receivable Historical Data

The historical data trend for Impact Development Group'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.

* Premium members only.

Impact Development Group Accounts Receivable Chart

Impact Development Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Receivable
- - - -

Impact Development Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial - - - - -

Impact Development Group Accounts Receivable Calculation

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


Impact Development Group 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.

Impact Development Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3.449*91
=0.00

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

Impact Development Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.137+0.75 * 0+0.5 * 16.924-63.991
-0-0)/14.1419
=-3.92

* 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.


Impact Development Group Accounts Receivable Related Terms

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Impact Development Group (TSXV:IMPT) Business Description

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Traded in Other Exchanges
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Address
Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN
Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

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