PVTRF (Pivotree) Accounts Receivable : $8.35 Mil (As of Dec. 2024)

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What is Pivotree Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pivotree's accounts receivables for the quarter that ended in Dec. 2024 was $8.35 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pivotree's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 59.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pivotree's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $0.15.

Pivotree Accounts Receivable Historical Data

The historical data trend for Pivotree'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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Pivotree Accounts Receivable Chart

Pivotree Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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5.68

11.47

12.50

7.82

8.35

Pivotree Quarterly Data
	Mar20	Jun20	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															7.82	9.30	8.33	8.24	8.35

Pivotree Accounts Receivable Calculation

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

Pivotree 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.348	/	12.798	*	91
=	59.52

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

Pivotree'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)
=	(2.722	+	0.75 * 8.348	+	0.5 * 0	-	4.998
-	0	-	0)	/	26.406
=	0.15

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.

Pivotree Accounts Receivable Related Terms

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Pivotree Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Pivotree Inc (OTCPK:PVTRF) » Definitions » Accounts Receivable

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PVT:Canada

Address

6300 Northam Drive, Mississauga, ON, CAN, L4V 1H7

Website

https://www.pivotree.com

Pivotree Inc designs, integrates, deploys, and manages digital platforms in Commerce, Data Management, and Supply Chain for retail and branded manufacturers throughout the world. Pivotree provides the technical skills necessary to enable the effective use of technologies combined with the business context to leverage a solution to solve clients' business challenges. Pivotree's portfolio of products and managed and professional services help provide B2B2C digital businesses with end-to-end service to manage complex digital commerce platforms. Geographically, the company generates a majority of its revenue from the United States, and the rest from Canada and other regions.