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Cytta (CYCA) Accounts Receivable : $0.23 Mil (As of Dec. 2024)


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What is Cytta Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cytta's accounts receivables for the quarter that ended in Dec. 2024 was $0.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cytta's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 554.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cytta's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.00.


Cytta Accounts Receivable Historical Data

The historical data trend for Cytta'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.

Cytta Accounts Receivable Chart

Cytta Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 - - -

Cytta Quarterly Data
Mar14 Jun14 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - 0.23

Cytta Accounts Receivable Calculation

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


Cytta 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.

Cytta's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.231/0.038*91
=554.70

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

Cytta's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1.008+0.75 * 0.231+0.5 * 0-2.714
-0.001-0)/469.878
=-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.


Cytta Accounts Receivable Related Terms

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Cytta Business Description

Traded in Other Exchanges
N/A
Address
5450 W. Sahara Avenue, Suite 300A, Las Vegas, NV, USA, 89146
Cytta Corp is engaged in the manufacture, distribution, and marketing of streaming and integrated communication products, using technology based upon the SUPR (Superior Utilization of Processing Resources) video compression codec or algorithm and IGAN (Incident Global Area Network) incident command proprietary software solutions products. Its product includes SUPR Stream and IGAN Fusion. The products of the company are CYTTACOMMS, CYTTACARES and CYTTACOMP.
Executives
Brad Prystupa director, 10 percent owner, officer: Secretary 710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7
Chad Rutherford director, 10 percent owner, officer: President, CEO, CFO, Treasurer 710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7

Cytta Headlines

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