NTG Clarity Networks (TSXV:NCI) Change In Receivables : C$-2.53 Mil (TTM As of Sep. 2023)

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What is NTG Clarity Networks Change In Receivables?

NTG Clarity Networks's change in receivables for the quarter that ended in Sep. 2023 was C$-1.01 Mil. It means NTG Clarity Networks's Accounts Receivable increased by C$1.01 Mil from Jun. 2023 to Sep. 2023 .

NTG Clarity Networks's change in receivables for the fiscal year that ended in Dec. 2022 was C$-0.13 Mil. It means NTG Clarity Networks's Accounts Receivable increased by C$0.13 Mil from Dec. 2021 to Dec. 2022 .

NTG Clarity Networks's Accounts Receivable for the quarter that ended in Sep. 2023 was C$5.33 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. NTG Clarity Networks's Days Sales Outstanding for the three months ended in Sep. 2023 was 69.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NTG Clarity Networks's liquidation value for the three months ended in Sep. 2023 was C$-11.75 Mil.

NTG Clarity Networks Change In Receivables Historical Data

The historical data trend for NTG Clarity Networks'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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NTG Clarity Networks Change In Receivables Chart

NTG Clarity Networks Annual Data

Trend

Dec14

Dec15

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.60

0.47

-1.63

-0.13

NTG Clarity Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.46	-1.34	0.28	-1.01	-

NTG Clarity Networks 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$-2.53 Mil.

NTG Clarity Networks (TSXV:NCI) 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.

NTG Clarity Networks's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.33	/	7.004	*	91
=	69.44

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

NTG Clarity Networks'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)
=	0.43	-	16.175	+	0.75 * 5.33	+	0.5 * 0
=	-11.75

NTG Clarity Networks Change In Receivables Related Terms

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NTG Clarity Networks (TSXV:NCI) Business Description

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NYWKF:USA

Address

2820 Fourteenth Avenue, Suite 202, Markham, ON, CAN, L3R 0S9

Website

https://www.ntgclarity.com

NTG Clarity Networks Inc provides telecommunications engineering, Information Technology, networking, and related software solutions. It develops niche software products directed at telecom service providers and utilities markets. The company also provides professional services and managed services to the same vertical. In addition, it has also expanded into the financial and government sectors by providing products and technical resources to assist customers with projects that include digital transformation. The company`s Canadian segment is made up of activities in Canada and offices in Saudi Arabia and Oman; and the Egypt segment is a software development group that also provides professional services, offshoring services, and network services to customers in Egypt.

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