Perk Labs (Perk Labs) Accounts Receivable : $0.04 Mil (As of Aug. 2023)

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What is Perk Labs Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Perk Labs's accounts receivables for the quarter that ended in Aug. 2023 was $0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Perk Labs's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 560.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Perk Labs's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-0.00.

Perk Labs Accounts Receivable Historical Data

The historical data trend for Perk Labs'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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Perk Labs Accounts Receivable Chart

Perk Labs Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Accounts Receivable

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0.05

0.04

0.02

0.01

Perk Labs Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Accounts Receivable	Get a 7-Day Free Trial															0.01	0.01	0.01	0.04	0.04

Perk Labs Accounts Receivable Calculation

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

Perk Labs 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.

Perk Labs's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.043	/	0.007	*	91
=	560.54

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

Perk Labs's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=	(0.019	+	0.75 * 0.043	+	0.5 * 0.001	-	1.781
-	0	-	0)	/	418.935
=	-0.00

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.

Perk Labs Accounts Receivable Related Terms

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Perk Labs (Perk Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Perk Labs Inc (OTCPK:PKLBF) » Definitions » Accounts Receivable

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PKLB:Germany PERK:Canada

Address

555 Burrard Street, Suite 1755, Two Bentall Centre - Box 240, Vancouver, BC, CAN, V7X 1M9

Website

https://www.perklabs.io

Perk Labs Inc is engaged in operating an online ordering, payments and loyalty platform. The company mainly offers merchants three products: online ordering, digital dine-in and custom branded apps and distributes its products through a digital franchise business model. The Company launched its Glance Pay application in 2016 and officially launched Perk Hero on April 2020. Perk Hero is a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. The streams of revenue of the company are Licensing revenue, Transaction revenue, Product revenue Subscription revenue and Custom-branded app revenue.