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Infinity Stone Ventures (Infinity Stone Ventures) Accounts Receivable : $0.06 Mil (As of May. 2023)


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What is Infinity Stone Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Infinity Stone Ventures's accounts receivables for the quarter that ended in May. 2023 was $0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Infinity Stone Ventures's Days Sales Outstanding for the quarter that ended in May. 2023 was 538.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Infinity Stone Ventures's Net-Net Working Capital per share for the quarter that ended in May. 2023 was $-0.12.


Infinity Stone Ventures Accounts Receivable Historical Data

The historical data trend for Infinity Stone Ventures'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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Infinity Stone Ventures Accounts Receivable Chart

Infinity Stone Ventures Annual Data
Trend Aug21 Aug22
Accounts Receivable
0.14 0.21

Infinity Stone Ventures Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.21 0.10 0.09 0.06

Infinity Stone Ventures Accounts Receivable Calculation

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


Infinity Stone Ventures 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.

Infinity Stone Ventures's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.059/0.01*91
=538.38

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

Infinity Stone Ventures's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(0.001+0.75 * 0.059+0.5 * 0-5.517
-0-0)/43.9583
=-0.12

* 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.


Infinity Stone Ventures Accounts Receivable Related Terms

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Infinity Stone Ventures (Infinity Stone Ventures) Business Description

Traded in Other Exchanges
Address
750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).