XR Immersive Tech (XCNQ:VRAI) Change In Receivables : C$0.06 Mil (TTM As of Sep. 2023)

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What is XR Immersive Tech Change In Receivables?

XR Immersive Tech's change in receivables for the quarter that ended in Sep. 2023 was C$0.04 Mil. It means XR Immersive Tech's Accounts Receivable declined by C$0.04 Mil from Jun. 2023 to Sep. 2023 .

XR Immersive Tech's change in receivables for the fiscal year that ended in Dec. 2022 was C$0.18 Mil. It means XR Immersive Tech's Accounts Receivable declined by C$0.18 Mil from Dec. 2021 to Dec. 2022 .

XR Immersive Tech's Accounts Receivable for the quarter that ended in Sep. 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. XR Immersive Tech's Days Sales Outstanding for the three months ended in Sep. 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. XR Immersive Tech's liquidation value for the three months ended in Sep. 2023 was C$-5.84 Mil.

XR Immersive Tech Change In Receivables Historical Data

The historical data trend for XR Immersive Tech'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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XR Immersive Tech Change In Receivables Chart

XR Immersive Tech Annual Data

Trend

Dec20

Dec21

Dec22

Change In Receivables

0.06

-0.17

0.18

XR Immersive Tech Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial								0.03	0.01	0.01	-	0.04

XR Immersive Tech 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.06 Mil.

XR Immersive Tech (XCNQ:VRAI) 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.

XR Immersive Tech's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.187	*	91
=	0.00

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

XR Immersive Tech's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.236	-	6.079	+	0.75 * 0	+	0.5 * 0
=	-5.84

XR Immersive Tech Change In Receivables Related Terms

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XR Immersive Tech (XCNQ:VRAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » XR Immersive Tech Inc (XCNQ:VRAI) » Definitions » Change In Receivables

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Traded in Other Exchanges

FNTTF:USA 79W:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.immersivetech.co

XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (XCNQ:VRAI) Headlines

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