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FintechWerx International Software Services (XCNQ:WERX) Change In Receivables : C$-0.00 Mil (TTM As of Oct. 2023)


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What is FintechWerx International Software Services Change In Receivables?

FintechWerx International Software Services's change in receivables for the quarter that ended in Oct. 2023 was C$0.00 Mil. It means FintechWerx International Software Services's Accounts Receivable declined by C$0.00 Mil from Jul. 2023 to Oct. 2023 .

FintechWerx International Software Services's change in receivables for the fiscal year that ended in Apr. 2023 was C$0.00 Mil. It means FintechWerx International Software Services's Accounts Receivable stayed the same from . 20 to Apr. 2023 .

FintechWerx International Software Services's Accounts Receivable for the quarter that ended in Oct. 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. FintechWerx International Software Services's Days Sales Outstanding for the three months ended in Oct. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FintechWerx International Software Services's liquidation value for the three months ended in Oct. 2023 was C$0.40 Mil.

FintechWerx International Software Services Change In Receivables Historical Data

The historical data trend for FintechWerx International Software Services'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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FintechWerx International Software Services Change In Receivables Chart

FintechWerx International Software Services Annual Data
Trend Apr23
Change In Receivables
-

FintechWerx International Software Services Quarterly Data
Jul23 Oct23
Change In Receivables -0.01 -

FintechWerx International Software Services 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 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.

FintechWerx International Software Services  (XCNQ:WERX) 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.

FintechWerx International Software Services's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.042*91
=0.00

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

FintechWerx International Software Services's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.571-0.171+0.75 * 0+0.5 * 0
=0.40

* 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.

FintechWerx International Software Services Change In Receivables Related Terms

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FintechWerx International Software Services (XCNQ:WERX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FintechWerx International Software Services Inc (XCNQ:WERX) » Definitions » Change In Receivables
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Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.fintechwerx.com
FintechWerx International Software Services Inc is an e-commerce technology company. The Company is engaged in delivering enrollment, automated identity verification, payment solutions, and data management services. The FintechWerx Platform is a combination of both licensed and proprietary software together the Technology Stack that provides a single comprehensive, suite of services for small to medium sized enterprises.

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