CounterPath (TSX:PATH) Change In Receivables : C$-1.32 Mil (TTM As of Oct. 2020)

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What is CounterPath Change In Receivables?

CounterPath's change in receivables for the quarter that ended in Oct. 2020 was C$-0.44 Mil. It means CounterPath's Accounts Receivable increased by C$0.44 Mil from Jul. 2020 to Oct. 2020 .

CounterPath's change in receivables for the fiscal year that ended in Apr. 2020 was C$-1.16 Mil. It means CounterPath's Accounts Receivable increased by C$1.16 Mil from Apr. 2019 to Apr. 2020 .

CounterPath's Accounts Receivable for the quarter that ended in Oct. 2020 was C$2.94 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. CounterPath's Days Sales Outstanding for the three months ended in Oct. 2020 was 56.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CounterPath's liquidation value for the three months ended in Oct. 2020 was C$-7.09 Mil.

CounterPath Change In Receivables Historical Data

The historical data trend for CounterPath'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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CounterPath Change In Receivables Chart

CounterPath Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Change In Receivables

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0.12

1.45

-1.75

0.74

-1.16

CounterPath Quarterly Data
	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20
Change In Receivables	Get a 7-Day Free Trial															0.16	0.19	-1.76	0.70	-0.44

CounterPath 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 Oct. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.32 Mil.

CounterPath (TSX:PATH) 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.

CounterPath's Days Sales Outstanding for the quarter that ended in Oct. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.936	/	4.774	*	91
=	56.12

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

CounterPath's liquidation value for the quarter that ended in Oct. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.278	-	12.565	+	0.75 * 2.936	+	0.5 * 0
=	-7.09

CounterPath Change In Receivables Related Terms

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CounterPath (TSX:PATH) Business Description

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Address

505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3

Website

https://www.counterpath.com

CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.