Frequency Exchange (TSXV:FREQ) Change In Receivables : C$-0.03 Mil (TTM As of Sep. 2023)

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What is Frequency Exchange Change In Receivables?

Frequency Exchange's change in receivables for the quarter that ended in Sep. 2023 was C$0.01 Mil. It means Frequency Exchange's Accounts Receivable declined by C$0.01 Mil from Jun. 2023 to Sep. 2023 .

Frequency Exchange's change in receivables for the fiscal year that ended in Dec. 2022 was C$-0.05 Mil. It means Frequency Exchange's Accounts Receivable increased by C$0.05 Mil from Oct. 2021 to Dec. 2022 .

Frequency Exchange's Accounts Receivable for the quarter that ended in Sep. 2023 was C$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. Frequency Exchange's Days Sales Outstanding for the three months ended in Sep. 2023 was 2.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Frequency Exchange's liquidation value for the three months ended in Sep. 2023 was C$-0.44 Mil.

Frequency Exchange Change In Receivables Historical Data

The historical data trend for Frequency Exchange'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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Frequency Exchange Change In Receivables Chart

Frequency Exchange Annual Data

Trend

Oct20

Oct21

Dec22

Change In Receivables

-0.05

Frequency Exchange Quarterly Data
	Oct20	Jan21	Oct21	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial					-	-0.07	-0.02	0.04	0.01

Frequency Exchange 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 Mil.

Frequency Exchange (TSXV:FREQ) 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.

Frequency Exchange's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.004	/	0.159	*	91
=	2.30

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

Frequency Exchange's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.291	-	0.805	+	0.75 * 0.004	+	0.5 * 0.139
=	-0.44

Frequency Exchange Change In Receivables Related Terms

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Frequency Exchange (TSXV:FREQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Frequency Exchange Corp (TSXV:FREQ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Georgia Street, Suite 2050, PO Box 11121, Vancouver, BC, CAN, V6E 3P3

Website

https://www.frequencyexchangecorp.com

Frequency Exchange Corp is focused on the development and global commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement.

Executives

Stephen Davis

10% Security Holder, Director, Senior Officer