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AF2 Capital (TSXV:AF.P) Accounts Receivable : C$0.00 Mil (As of Nov. 2023)


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What is AF2 Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AF2 Capital's accounts receivables for the quarter that ended in Nov. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AF2 Capital's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was C$0.03.


AF2 Capital Accounts Receivable Historical Data

The historical data trend for AF2 Capital'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.

AF2 Capital Accounts Receivable Chart

AF2 Capital Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Accounts Receivable
- - - -

AF2 Capital Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

AF2 Capital Accounts Receivable Calculation

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


AF2 Capital 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.

AF2 Capital's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), AF2 Capital's accounts receivable are only considered to be worth 75% of book value:

AF2 Capital's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0.19+0.75 * 0+0.5 * 0-0.021
-0-0)/5
=0.03

* 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.


AF2 Capital Accounts Receivable Related Terms

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AF2 Capital (TSXV:AF.P) Business Description

Traded in Other Exchanges
N/A
Address
550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Website
AF2 Capital Corp is a capital pool company.

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