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Copperleaf Technologies (TSX:CPLF) Accounts Receivable : C$27.34 Mil (As of Dec. 2023)


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What is Copperleaf Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Copperleaf Technologies's accounts receivables for the quarter that ended in Dec. 2023 was C$27.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Copperleaf Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 117.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Copperleaf Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.98.


Copperleaf Technologies Accounts Receivable Historical Data

The historical data trend for Copperleaf Technologies'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.

Copperleaf Technologies Accounts Receivable Chart

Copperleaf Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 14.04 26.17 32.25 21.23 27.34

Copperleaf Technologies Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 21.23 17.95 12.56 17.15 27.34

Copperleaf Technologies Accounts Receivable Calculation

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


Copperleaf Technologies 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.

Copperleaf Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27.344/21.218*91
=117.60

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

Copperleaf Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(116.371+0.75 * 27.344+0.5 * 0-64.522
-0-0)/73.8852
=0.98

* 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.


Copperleaf Technologies Accounts Receivable Related Terms

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Copperleaf Technologies (TSX:CPLF) Business Description

Traded in Other Exchanges
Address
2920 Virtual Way, Suite 140, Vancouver, BC, CAN, V5M 0C4
Copperleaf Technologies Inc is a provider of AI-powered enterprise decision analytics. It serves companies managing critical infrastructure, including physical and digital assets. It provides decision analytics software solutions to companies managing critical infrastructure. It leverages operational and financial data to empower clients to make investment decisions that deliver the highest business value. the Group is organized into business units based on its geographical distribution and has three reportable segments, Americas; Europe, Middle East and Africa; and Asia Pacific and Japan.

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