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Everyday People Financial (TSXV:EPF) Change In Receivables : C$-3.41 Mil (TTM As of Mar. 2024)


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What is Everyday People Financial Change In Receivables?

Everyday People Financial's change in receivables for the quarter that ended in Mar. 2024 was C$-3.59 Mil. It means Everyday People Financial's Accounts Receivable increased by C$3.59 Mil from Dec. 2023 to Mar. 2024 .

Everyday People Financial's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.18 Mil. It means Everyday People Financial's Accounts Receivable declined by C$0.18 Mil from Jul. 2022 to Dec. 2023 .

Everyday People Financial's Accounts Receivable for the quarter that ended in Mar. 2024 was C$9.80 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. Everyday People Financial's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Everyday People Financial's liquidation value for the three months ended in Mar. 2024 was C$-42.30 Mil.


Everyday People Financial Change In Receivables Historical Data

The historical data trend for Everyday People Financial'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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Everyday People Financial Change In Receivables Chart

Everyday People Financial Annual Data
Trend Jul20 Jul21 Jul22 Dec23
Change In Receivables
- - - 0.18

Everyday People Financial Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.93 0.34 0.78 -3.59

Everyday People Financial 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.41 Mil.

* 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.


Everyday People Financial  (TSXV:EPF) 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.

Everyday People Financial's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.803/14.805*91
=60.42

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

Everyday People Financial's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.69-53.082+0.75 * 9.803+0.5 * 5.471
=-42.30

* 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.


Everyday People Financial Change In Receivables Related Terms

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Everyday People Financial (TSXV:EPF) Business Description

Traded in Other Exchanges
Address
11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7
Everyday People Financial Corp is a financial technology and consumer financing company. Through its technology-driven ecosystem, the group's alternative and specialty credit financing programs offer credit and payment cards, homeownership facilitation, consumer lending, and payment management services. The company's mission is to assist its clients in becoming their financial selves and to offer credit products and services that help ordinary people achieve extraordinary results.
Executives
Amy Marie Ter Haar Director

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