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Pontus Protein (TSXV:HULK.H) Accounts Receivable : C$0.00 Mil (As of Aug. 2022)


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What is Pontus Protein Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pontus Protein's accounts receivables for the quarter that ended in Aug. 2022 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pontus Protein's Net-Net Working Capital per share for the quarter that ended in Aug. 2022 was C$-0.04.


Pontus Protein Accounts Receivable Historical Data

The historical data trend for Pontus Protein's Accounts Receivable 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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Pontus Protein Accounts Receivable Chart

Pontus Protein Annual Data
Trend Nov21
Accounts Receivable
-

Pontus Protein Quarterly Data
Dec19 Dec20 May21 Aug21 Nov21 Feb22 May22 Aug22
Accounts Receivable Get a 7-Day Free Trial - - - - -

Pontus Protein Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Pontus Protein Accounts Receivable 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 receivables are being managed.

Pontus Protein's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Pontus Protein's accounts receivable are only considered to be worth 75% of book value:

Pontus Protein's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2022 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.5+0.75 * 0+0.5 * 0-4.167
-0-0)/87.2872
=-0.04

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Pontus Protein Accounts Receivable Related Terms

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Pontus Protein (TSXV:HULK.H) Business Description

Traded in Other Exchanges
N/A
Address
17686 - 66A Avenue, Surrey, BC, CAN, V3S 2A7
Pontus Protein Ltd is an agri-tech company involved in delivering new sources of organic plant-based protein products. It specializes in aquaponic farming through the employment of its proprietary Closed Environment Vertical Aquaponics System or CEVAS system.

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