Abaxx Technologies (NEOE:ABXX) Change In Receivables : C$0.05 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Abaxx Technologies Change In Receivables?

Abaxx Technologies's change in receivables for the quarter that ended in Dec. 2023 was C$-0.10 Mil. It means Abaxx Technologies's Accounts Receivable increased by C$0.10 Mil from Sep. 2023 to Dec. 2023 .

Abaxx Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.05 Mil. It means Abaxx Technologies's Accounts Receivable declined by C$0.05 Mil from Dec. 2022 to Dec. 2023 .

Abaxx Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.00 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Abaxx Technologies's liquidation value for the three months ended in Dec. 2023 was C$19.40 Mil.

Abaxx Technologies Change In Receivables Historical Data

The historical data trend for Abaxx Technologies's Change In Receivables 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.

Abaxx Technologies Change In Receivables Chart

Abaxx Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.02

-0.14

0.24

-0.09

0.05

Abaxx Technologies Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial													-0.01	0.04	-0.04	0.15	-0.10

Abaxx Technologies Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.05 Mil.

Abaxx Technologies (NEOE:ABXX) Change In Receivables 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 Receivable are being managed.

Abaxx 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
=	0	/	0	*	91
=

2. In Ben Graham's calculation of liquidation value, Abaxx Technologies's accounts receivable are only considered to be worth 75% of book value:

Abaxx Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	25.22	-	5.818	+	0.75 * 0	+	0.5 * 0
=	19.40

Abaxx Technologies Change In Receivables Related Terms

Thank you for viewing the detailed overview of Abaxx Technologies's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Abaxx Technologies (NEOE:ABXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Abaxx Technologies Inc (NEOE:ABXX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ABXXF:USA 36N:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.abaxx.tech

Abaxx Technologies Inc is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions easier and more secure. The company's initial focus is on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically-settled benchmark futures contracts in the commodity markets at the center of the energy transition to an electrified, low-carbon emissions economy. Abaxx's vision is to build Smarter Markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges that everyone faces as a society, including climate change and the energy transition.

Abaxx Technologies (NEOE:ABXX) Headlines

No Headlines