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Alphinat (TSXV:NPA.H) Accounts Receivable : C$0.13 Mil (As of May. 2023)


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What is Alphinat Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alphinat's accounts receivables for the quarter that ended in May. 2023 was C$0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alphinat's Days Sales Outstanding for the quarter that ended in May. 2023 was 30.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alphinat's Net-Net Working Capital per share for the quarter that ended in May. 2023 was C$-0.02.


Alphinat Accounts Receivable Historical Data

The historical data trend for Alphinat'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.

* Premium members only.

Alphinat Accounts Receivable Chart

Alphinat Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.20 0.05 0.18 0.21

Alphinat Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.21 0.16 0.11 0.13

Alphinat Accounts Receivable Calculation

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


Alphinat 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.

Alphinat's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.133/0.394*91
=30.80

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

Alphinat's Net-Net Working Capital Per Share for the quarter that ended in May. 2023 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)
=(0.038+0.75 * 0.133+0.5 * 0.134-1.354
-0-0)/63.149
=-0.02

* 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.


Alphinat Accounts Receivable Related Terms

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Alphinat (TSXV:NPA.H) Business Description

Traded in Other Exchanges
N/A
Address
2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5
Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.

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