Urbana (TSX:URB) Change In Receivables

: C$-3.36 Mil (TTM As of Dec. 2023)

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Urbana's change in receivables for the quarter that ended in Dec. 2023 was C$-4.97 Mil. It means Urbana's Accounts Receivable increased by C$4.97 Mil from Sep. 2023 to Dec. 2023 .

Urbana's change in receivables for the fiscal year that ended in Dec. 2023 was C$-3.37 Mil. It means Urbana's Accounts Receivable increased by C$3.37 Mil from Dec. 2022 to Dec. 2023 .

Urbana'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. Urbana's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Urbana's liquidation value for the three months ended in Dec. 2023 was C$-75.73 Mil.

Urbana Change In Receivables Historical Data

The historical data trend for Urbana'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.

Urbana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.13

-0.15

-2.17

-3.37

Urbana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																-1.95	0.85	0.97	-0.21	-4.97

Urbana 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$-3.36 Mil.

Urbana (TSX:URB) 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.

Urbana'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	/	11.259	*	91
=	0.00

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

Urbana'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)
=	0.341	-	76.074	+	0.75 * 0	+	0.5 * 0
=	-75.73

Urbana Change In Receivables Related Terms

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Urbana (TSX:URB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Urbana Corp (TSX:URB) » Definitions » Change In Receivables

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Traded in Other Exchanges

URNAF:USA UBAAF:USA URB:Canada URB.A:Canada URB.A:Canada

Address

150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9

Website

https://www.urbanacorp.com

Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.

Executives

Brendan T.n. Caldwell

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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