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Wajax (TSX:WJX) Accounts Receivable : C$292 Mil (As of Mar. 2025)


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What is Wajax Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wajax's accounts receivables for the quarter that ended in Mar. 2025 was C$292 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wajax's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 48.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wajax's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$-21.08.


Wajax Accounts Receivable Historical Data

The historical data trend for Wajax'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.

Wajax Accounts Receivable Chart

Wajax Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 187.86 195.68 270.99 274.76 275.61

Wajax Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 271.96 252.25 242.06 275.61 292.02

Wajax Accounts Receivable Calculation

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


Wajax 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.

Wajax's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=292.021/554.984*91
=48.01

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

Wajax's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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+0.75 * 292.021+0.5 * 658.069-1006.808
-0-0)/21.759
=-21.08

* 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.


Wajax Accounts Receivable Related Terms

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Wajax Business Description

Traded in Other Exchanges
Address
10 Diesel Drive, Toronto, ON, CAN, M8W 2T8
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.
Executives
Andrew Tam Senior Officer
Stuart Harrison Auld Senior Officer
David Glenson Smith Director
Elizabeth Summers Director
Edward Malcolm Barrett Director
Jane Craighead Director
Robert Charles Beaudry Senior Officer
John Clifford Eby Director
Thomas Malcolm Alford Director
Trevor Carson Senior Officer
Alexander S. Taylor Director
Robert P. Dexter Director
Alan Mark Foote Director
Sylvia Dolores Chrominska Director
Donna Jean Baratto Senior Officer

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