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Tevano Systems Holdings (Tevano Systems Holdings) Accounts Receivable : $0.01 Mil (As of Mar. 2023)


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What is Tevano Systems Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tevano Systems Holdings's accounts receivables for the quarter that ended in Mar. 2023 was $0.01 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. Tevano Systems Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.02.


Tevano Systems Holdings Accounts Receivable Historical Data

The historical data trend for Tevano Systems Holdings'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.

Tevano Systems Holdings Accounts Receivable Chart

Tevano Systems Holdings Annual Data
Trend Jun21 Jun22
Accounts Receivable
0.03 0.02

Tevano Systems Holdings Quarterly Data
Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 0.01 0.01 0.01

Tevano Systems Holdings Accounts Receivable Calculation

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


Tevano Systems Holdings 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.

Tevano Systems Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.012/0*91
=

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

Tevano Systems Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.054+0.75 * 0.012+0.5 * 0-0.714
-0-0)/30.0325
=-0.02

* 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.


Tevano Systems Holdings Accounts Receivable Related Terms

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Tevano Systems Holdings (Tevano Systems Holdings) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1303, Vancouver, BC, CAN, V6E 2Y3
Tevano Systems Holdings Inc is in the business of designing, developing, marketing, and selling self-service kiosks for non-physical contact monitoring, testing temperatures and dispensing hand sanitizer for the post COVID-19 environment.

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