Acceleware (TSXV:AXE) Change In Receivables : C$0.76 Mil (TTM As of Dec. 2023)

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What is Acceleware Change In Receivables?

Acceleware's change in receivables for the quarter that ended in Dec. 2023 was C$0.27 Mil. It means Acceleware's Accounts Receivable declined by C$0.27 Mil from Sep. 2023 to Dec. 2023 .

Acceleware's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.75 Mil. It means Acceleware's Accounts Receivable declined by C$0.75 Mil from Dec. 2022 to Dec. 2023 .

Acceleware's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.01 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. Acceleware's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Acceleware's liquidation value for the three months ended in Dec. 2023 was C$-8.53 Mil.

Acceleware Change In Receivables Historical Data

The historical data trend for Acceleware'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.

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Acceleware Change In Receivables Chart

Acceleware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.80

0.54

-1.80

1.93

0.75

Acceleware 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	Get a 7-Day Free Trial															0.50	0.44	0.04	-	0.27

Acceleware 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$0.76 Mil.

Acceleware (TSXV:AXE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.007	/	0.044	*	91
=	14.52

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

Acceleware'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)
=	0.952	-	9.491	+	0.75 * 0.007	+	0.5 * 0
=	-8.53

Acceleware Change In Receivables Related Terms

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Acceleware (TSXV:AXE) Business Description

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ACWRF:USA

Address

435 - 10 Avenue SE, Calgary, AB, CAN, T2G 0W3

Website

https://www.acceleware.com

Acceleware Ltd is a Canadian clean-tech company. It is an innovator of radio frequency heating technologies that enable the electrification of industrial heat and promise a dramatic reduction in greenhouse gas (GHG) emissions. It has two operating segments, RF Heating, and High-performance computing. The company generates revenue from maintenance, software, and services. Geographically it generates a majority of its revenue from the USA.