LQAVF (Liquid Avatar Technologies) Accounts Receivable: $0.12 Mil (As of Sep. 2022)

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What is Liquid Avatar Technologies Accounts Receivable?

Liquid Avatar Technologies LQAVF -99.00% Accounts Receivable is $0.12 Mil as of Sep. 2022.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Liquid Avatar Technologies's accounts receivables for the quarter that ended in Sep. 2022 was $0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Liquid Avatar Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 11,315.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Liquid Avatar Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.04.

Liquid Avatar 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.

Liquid Avatar Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.124/0.001*91
=11,315.00

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

Liquid Avatar Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(0.039+0.75 * 0.124+0.5 * 0-5.97
-0-0)/162.292
=-0.04

* 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.

Liquid Avatar Technologies Accounts Receivable Related Terms

Liquid Avatar Technologies Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Liquid Avatar 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.

Liquid Avatar Technologies Accounts Receivable Chart

Liquid Avatar Technologies Annual Data
Trend Dec19 Dec20 Dec21
Accounts Receivable
0.00 0.00 0.56

Liquid Avatar Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.04 0.56 0.01 0.00 0.12

Liquid Avatar Technologies Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.12 Mil mean?
Liquid Avatar Technologies (LQAVF) has a Accounts Receivable of $0.12 Mil as of Sep. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Liquid Avatar Technologies and its competitors.
Is Liquid Avatar Technologies' Accounts Receivable too high?
Liquid Avatar Technologies' current Accounts Receivable is $0.12 Mil.
How does Liquid Avatar Technologies' Accounts Receivable compare to CRM and INTU?
Liquid Avatar Technologies' Accounts Receivable of $0.12 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Liquid Avatar Technologies and its competitors. Liquid Avatar Technologies's current Accounts Receivable is $0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liquid Avatar Technologies stock overvalued right now?
Liquid Avatar Technologies (LQAVF) has a current Accounts Receivable of $0.12 Mil. The current Accounts Receivable is $0.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Liquid Avatar Technologies (LQAVF), the current Accounts Receivable is $0.12 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Liquid Avatar Technologies Business Description

Address 7030 Woodbine Avenue, Suite 500, Markham, ON, CAN, L3R 6G2
Liquid Avatar Technologies Inc focuses on verification, management and monetization of Digital ID, letting users control and benefit from engagements. The Liquid Avatar App allows users to create facets of their online ID giving control over the use of the data through its biometrically based SSI, using blockchain tech. At no cost to consumers, Liquid Avatar gains revenues through permission-based offers and services, such as KABN Visa Card, KABN KASH and other services and marketplace programs.