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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ALR Technologies SG's accounts receivables for the quarter that ended in Jun. 2024 was $0.00 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ALR Technologies SG's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.05.
The historical data trend for ALR Technologies SG's Accounts Receivable 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.
ALR Technologies SG Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial |
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- | - | - | - | 0.04 |
ALR Technologies SG Semi-Annual Data | ||||||||||||||||||||
Dec14 | Jun15 | Dec15 | Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | |
Accounts Receivable | Get a 7-Day Free Trial |
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- | - | 0.19 | 0.04 | - |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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 receivables are being managed.
ALR Technologies SG's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 0 | / | 0 | * | 91 |
= |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), ALR Technologies SG's accounts receivable are only considered to be worth 75% of book value:
ALR Technologies SG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is calculated as:
Net-Net Working Capital Per Share | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (0.004 | + | 0.75 * 0 | + | 0.5 * 0.011 | - | 34.138 |
- | 0 | - | 0) | / | 635.467 | ||
= | -0.05 |
* 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.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
Thank you for viewing the detailed overview of ALR Technologies SG's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Sidney Chan | director, officer: CEO | 7400 BEAUFONT SPRINGS DRIVE, SUITE 300, SUITE 300, RICHMOND VA 23225 |
Ronald Cheng | director | 255 SPRINGFIELD ROAD, OTTAWA A6 K1M 0K8 |
Peter H Stafford | director | 1-405 81ST STREET, OSOYOOS A1 V0H 1V2 |
William S Smith | director, officer: Chief Commercial Officer | 46 CHESTNUT HILL ROAD, WILTON CT 06897 |
Kenneth Robulak | director | 521 MANDALAY AVENUE, APT. 302, CLEARWATER FL 33767 |
Alfonso Salas | director | 2106 WEST 33RD AVENUE, VANCOUVER A1 V6M 1B9 |
Lawrence A Weinstein | director, officer: President | 13436 BLUE HEON LOOP, CHESTERFIELD VA 23838 |
Jaroslav V Tichy | officer: Vice-President - Technologies | 114M REYNOLDA VILLAGE, WINSTON-SALEM NC 27106 |
Stanley Cruitt | director, 10 percent owner, officer: President | 114M REYNOLDA VILLAGE, WINSTON-SALEM NC 27106 |
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