Nuran Wireless (XCNQ:NUR) Change In Receivables : C$-0.01 Mil (TTM As of Dec. 2023)

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What is Nuran Wireless Change In Receivables?

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

Nuran Wireless's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.32 Mil. It means Nuran Wireless's Accounts Receivable increased by C$0.32 Mil from Dec. 2022 to Dec. 2023 .

Nuran Wireless's Accounts Receivable for the quarter that ended in Dec. 2023 was C$1.27 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. Nuran Wireless's Days Sales Outstanding for the three months ended in Dec. 2023 was 102.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nuran Wireless's liquidation value for the three months ended in Dec. 2023 was C$-21.68 Mil.

Nuran Wireless Change In Receivables Historical Data

The historical data trend for Nuran Wireless'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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Nuran Wireless Change In Receivables Chart

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Dec23

Change In Receivables

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0.07

0.44

0.38

-4.71

-0.32

Nuran Wireless Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-1.21	-1.62	0.10	-	-0.10

Nuran Wireless 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$-0.01 Mil.

Nuran Wireless (XCNQ:NUR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.273	/	1.131	*	91
=	102.71

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

Nuran Wireless'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)
=	0.173	-	25.378	+	0.75 * 1.273	+	0.5 * 5.14
=	-21.68

Nuran Wireless Change In Receivables Related Terms

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Nuran Wireless (XCNQ:NUR) Business Description

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NRRWF:USA 1RNA:Germany

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

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