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BLOK Technologies (BLOK Technologies) Accounts Receivable : $0.01 Mil (As of Sep. 2019)


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What is BLOK Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BLOK Technologies's accounts receivables for the quarter that ended in Sep. 2019 was $0.01 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. BLOK Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.00.


BLOK Technologies Accounts Receivable Historical Data

The historical data trend for BLOK Technologies'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.

* Premium members only.

BLOK Technologies Accounts Receivable Chart

BLOK Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
- - 0.02 0.05 0.01

BLOK Technologies Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.01 0.01 0.01 0.01

BLOK Technologies Accounts Receivable Calculation

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


BLOK Technologies 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.

BLOK Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.011/0*91
=

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

BLOK Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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)
=(0.002+0.75 * 0.011+0.5 * 0-0.337
-0-0)/119.384
=-0.00

* 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.


BLOK Technologies Accounts Receivable Related Terms

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BLOK Technologies (BLOK Technologies) Business Description

Traded in Other Exchanges
N/A
Address
221 West Esplanade, Suite 310, North Vancouver, BC, CAN, V7M 3J3
BLOK Technologies Inc operates as an investment company. The company invests in blockchain enabled and mobile application technology. It provides capital, technology, and management expertise to the companies it develops. The company's Greenstream subsidiary specializes in building secure and reliable blockchain platforms.