Ankam (ANKM) Accounts Receivable : $0.08 Mil (As of Feb. 2025)

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What is Ankam Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ankam's accounts receivables for the quarter that ended in Feb. 2025 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ankam's Days Sales Outstanding for the quarter that ended in Feb. 2025 was 91.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ankam's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was $-0.12.

Ankam Accounts Receivable Historical Data

The historical data trend for Ankam'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.

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Ankam Accounts Receivable Chart

Ankam Annual Data

Trend

Nov21

Nov22

Nov23

Nov24

Accounts Receivable

0.01

0.02

Ankam Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Accounts Receivable	Get a 7-Day Free Trial											-	-	-	-	0.08

Ankam Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Ankam Accounts Receivable 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 receivables are being managed.

Ankam's Days Sales Outstanding for the quarter that ended in Feb. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.075	/	0.075	*	91
=	91.25

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Ankam's accounts receivable are only considered to be worth 75% of book value:

Ankam's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2025 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	+	0.75 * 0.075	+	0.5 * 0	-	0.595
-	0	-	0)	/	4.558
=	-0.12

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.

Ankam Accounts Receivable Related Terms

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Ankam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ankam Inc (OTCPK:ANKM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.ankam.net

Ankam Inc actively works in two directions: application development MoneySaver App and crypto wallet project. MoneySaver App is an application created to aggregate various discount cards on a mobile device. The main advantage of the MoneySaver App is that the user can easily access any discounts at any moment from anywhere. The idea of the app appeared as a way of simplifying the use of discount cards, enabling people to share them with anyone and get new discounts. It is also focused on developing and implementing the cryptocurrency wallet project. The Company creates a service with the ability to manage cryptocurrency funds. The cryptocurrency wallet will have the functionality of buying coins by bank deposit and payment gateway.

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