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PopReach (PopReach) Accounts Receivable : $29.0 Mil (As of Dec. 2023)


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What is PopReach Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PopReach's accounts receivables for the quarter that ended in Dec. 2023 was $29.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PopReach's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 96.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PopReach's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.38.


PopReach Accounts Receivable Historical Data

The historical data trend for PopReach'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.

PopReach Accounts Receivable Chart

PopReach Annual Data
Trend Dec19 Dec20 Dec21 Sep22 Dec23
Accounts Receivable
1.38 1.09 1.25 15.68 29.01

PopReach Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23
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 15.68 15.42 28.05 21.38 29.01

PopReach Accounts Receivable Calculation

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


PopReach 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.

PopReach's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.006/27.408*91
=96.57

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

PopReach's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(7.396+0.75 * 29.006+0.5 * 0-138.547
-0-0)/284.726
=-0.38

* 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.


PopReach Accounts Receivable Related Terms

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PopReach (PopReach) Business Description

Traded in Other Exchanges
Address
1 University Avenue, 3rd Floor, Toronto, ON, CAN, M5J 2P1
PopReach Corp is a multi-platform technology company focused on acquiring, optimizing, and growing companies and assets that provide services, technology, or products within the digital media ecosystem. The company's portfolio of assets includes PopReach Games, a free-to-play mobile game publisher with over 25 games enjoyed by millions of players; notifyAI, a push notification subscription and monetization platform; Q1Media, a digital media advertising services provider; and Contobox, an award-winning personalization, eCommerce and creative advertising technology platform; and Ubiquity, data-driven user acquisition and marketing technology consortium.

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