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SCPCF (Scope Technologies) Accounts Receivable : $0.04 Mil (As of Dec. 2024)


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What is Scope Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Scope Technologies's accounts receivables for the quarter that ended in Dec. 2024 was $0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Scope Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $0.01.


Scope Technologies Accounts Receivable Historical Data

The historical data trend for Scope 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.

* Premium members only.

Scope Technologies Accounts Receivable Chart

Scope Technologies Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Accounts Receivable
- 0.02 0.03 0.03

Scope Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.03 0.01 0.02 0.03 0.04

Scope Technologies Accounts Receivable Calculation

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


Scope 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.04/0*91
=

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

Scope Technologies'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)
=(1.183+0.75 * 0.04+0.5 * 0-0.824
-0-0)/51.284
=0.01

* 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.


Scope Technologies Accounts Receivable Related Terms

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Scope Technologies Business Description

Traded in Other Exchanges
Address
1000 1055 W Hastings Street, Vancouver, BC, CAN, V6E 2E9
Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, the company provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses and individuals with secure, scalable technologies that drive growth and operational efficiency.