Shorepower Technologies (Shorepower Technologies) Change In Receivables : $-0.04 Mil (TTM As of Nov. 2023)

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What is Shorepower Technologies Change In Receivables?

Shorepower Technologies's change in receivables for the quarter that ended in Nov. 2023 was $-0.04 Mil. It means Shorepower Technologies's Accounts Receivable increased by $0.04 Mil from Aug. 2023 to Nov. 2023 .

Shorepower Technologies's change in receivables for the fiscal year that ended in Feb. 2023 was $0.00 Mil. It means Shorepower Technologies's Accounts Receivable stayed the same from Feb. 2022 to Feb. 2023 .

Shorepower Technologies's Accounts Receivable for the quarter that ended in Nov. 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. Shorepower Technologies's Days Sales Outstanding for the three months ended in Nov. 2023 was 91.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shorepower Technologies's liquidation value for the three months ended in Nov. 2023 was $-1.22 Mil.

Shorepower Technologies Change In Receivables Historical Data

The historical data trend for Shorepower Technologies'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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Shorepower Technologies Change In Receivables Chart

Shorepower Technologies Annual Data

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Change In Receivables

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Shorepower Technologies Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-0.04

Shorepower Technologies 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

Shorepower Technologies (OTCPK:SPEV) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.003	/	0.003	*	91
=	91.25

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

Shorepower Technologies's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.278	-	1.508	+	0.75 * 0.003	+	0.5 * 0.007
=	-1.22

Shorepower Technologies Change In Receivables Related Terms

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Shorepower Technologies (Shorepower Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shorepower Technologies Inc (OTCPK:SPEV) » Definitions » Change In Receivables

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Address

5291 NE Elam Young Parkway, Suite 160, Hillsboro, OR, USA, 97124

Website

https://www.shorepower.com

Shorepower Technologies Inc is a transportation electrification company that builds, deploys, and operates plug-in stations that allow electric vehicles, trucks, and refrigerated trailers to conveniently access electric power while parked or staged.

Executives

Erop Capital Llc	10 percent owner	912 HOLCOMB BRIDGE ROAD, STE 101, ROSWELL GA 30076
Jeffrey Kim	director, 10 percent owner, officer: President and CEO	5291 NE ELAM YOUNG PARKWAY,, SUITE 160, HILLSBORO OR 97124
Thirty 05 Llc	director, officer: President	3005 HOEDT RD, TAMPA FL 33618

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