Katipult Technology (Katipult Technology) Accounts Receivable : $0.02 Mil (As of Sep. 2023)

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What is Katipult Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Katipult Technology's accounts receivables for the quarter that ended in Sep. 2023 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Katipult Technology's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 3.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Katipult Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.05.

Katipult Technology Accounts Receivable Historical Data

The historical data trend for Katipult Technology'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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Katipult Technology Accounts Receivable Chart

Katipult Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

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0.05

0.08

0.03

0.24

Katipult Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Receivable	Get a 7-Day Free Trial															0.07	0.24	0.26	0.34	0.02

Katipult Technology Accounts Receivable Calculation

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

Katipult Technology 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.

Katipult Technology's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.021	/	0.533	*	91
=	3.60

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

Katipult Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(0.875	+	0.75 * 0.021	+	0.5 * 0	-	4.499
-	0	-	0)	/	71.5231
=	-0.05

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.

Katipult Technology Accounts Receivable Related Terms

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Katipult Technology (Katipult Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Katipult Technology Corp (OTCPK:KTPPF) » Definitions » Accounts Receivable

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K10:Germany FUND:Canada

Address

144 - 4th Ave SW, Suite 1600, Calgary, AB, CAN, T2P 3N4

Website

https://www.katipult.com

Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.

Katipult Technology (Katipult Technology) Headlines

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