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Nexia Health Technologies (TSXV:NGH.H) Accounts Receivable : C$0.00 Mil (As of Dec. 2019)


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What is Nexia Health Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nexia Health Technologies's accounts receivables for the quarter that ended in Dec. 2019 was C$0.00 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. Nexia Health Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was C$-0.03.


Nexia Health Technologies Accounts Receivable Historical Data

The historical data trend for Nexia Health 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.

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Nexia Health Technologies Accounts Receivable Chart

Nexia Health Technologies Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.76 1.00 - - -

Nexia Health Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Nexia Health Technologies Accounts Receivable Calculation

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


Nexia Health 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.

Nexia Health Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

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

Nexia Health Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 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)
=(0.189+0.75 * 0+0.5 * 0-2.704
-0-0)/94.7589
=-0.03

* 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.


Nexia Health Technologies Accounts Receivable Related Terms

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Nexia Health Technologies (TSXV:NGH.H) Business Description

Traded in Other Exchanges
N/A
Address
15 Allstate Parkway, 6th Floor, Markham, ON, CAN, L3R5B4
Nexia Health Technologies Inc engaged in the development, sale, and support of application software and related services to customers in the healthcare industry in Canada and the United States. The company is engaged in the licensing and sale of its intellectual property. It provides Healthcare Technology solutions, which involves Cloud, Clearinghouse, eForms designer and Mobile application designer. The company generates revenue by selling monthly utilization of its application software and by selling perpetual licenses of the company's application software and related support and maintenance. The company discontinued all its operation.

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