Supernova Digital Assets (AQSE:SOL) Accounts Receivable : £0.05 Mil (As of Oct. 2023)

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What is Supernova Digital Assets Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Supernova Digital Assets's accounts receivables for the quarter that ended in Oct. 2023 was £0.05 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. Supernova Digital Assets's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was £0.00.

Supernova Digital Assets Accounts Receivable Historical Data

The historical data trend for Supernova Digital Assets'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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Supernova Digital Assets Accounts Receivable Chart

Supernova Digital Assets Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Accounts Receivable

3.88

0.05

Supernova Digital Assets Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Receivable	Get a 7-Day Free Trial			-	-	3.88	0.09	0.05

Supernova Digital Assets Accounts Receivable Calculation

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

Supernova Digital Assets 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.

Supernova Digital Assets's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.047	/	-3.905	*	91
=

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

Supernova Digital Assets's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 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)
=	(0.068	+	0.75 * 0.047	+	0.5 * 0	-	0.074
-	0	-	0)	/	1201.897
=	0.00

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.

Supernova Digital Assets Accounts Receivable Related Terms

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Supernova Digital Assets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Supernova Digital Assets PLC (AQSE:SOL) » Definitions » Accounts Receivable

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O2O:Germany

Address

16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG

Website

https://www.aqruplc.com

AQRU PLC is an investment company specializing in decentralized finance (DeFi). DeFi is a disruptive technology that uses the blockchain and cryptocurrencies to remove financial intermediaries from transactions creating a more efficient and secure way of providing financial services. Geographically company generates the majority of its revenue from Europe.