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AI/ML Innovations (FRA:42FB) Accounts Receivable : €0.06 Mil (As of Jan. 2024)


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What is AI/ML Innovations Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AI/ML Innovations's accounts receivables for the quarter that ended in Jan. 2024 was €0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AI/ML Innovations's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 42.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AI/ML Innovations's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was €-0.01.


AI/ML Innovations Accounts Receivable Historical Data

The historical data trend for AI/ML Innovations'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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AI/ML Innovations Accounts Receivable Chart

AI/ML Innovations Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.02

AI/ML Innovations Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 0.02 0.01 0.08 0.06 0.06

AI/ML Innovations Accounts Receivable Calculation

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


AI/ML Innovations 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.

AI/ML Innovations's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.057/0.121*91
=42.99

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

AI/ML Innovations's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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)
=(0.343+0.75 * 0.057+0.5 * 0.003-1.022
-0--0.025)/77.0802
=-0.01

* 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.


AI/ML Innovations Accounts Receivable Related Terms

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AI/ML Innovations (FRA:42FB) Business Description

Traded in Other Exchanges
Address
645 Fort Street, Suite 203, Victoria, BC, CAN, V8W 1G2
AI/ML Innovations Inc has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence and machine learning, with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. The company has strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments.

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