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Perimeter Medical Imaging AI (TSXV:PINK) Accounts Receivable : C$0.05 Mil (As of Dec. 2023)


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What is Perimeter Medical Imaging AI Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Perimeter Medical Imaging AI's accounts receivables for the quarter that ended in Dec. 2023 was C$0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Perimeter Medical Imaging AI's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Perimeter Medical Imaging AI's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.18.


Perimeter Medical Imaging AI Accounts Receivable Historical Data

The historical data trend for Perimeter Medical Imaging AI'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.

Perimeter Medical Imaging AI Accounts Receivable Chart

Perimeter Medical Imaging AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - 0.10 0.05

Perimeter Medical Imaging AI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.10 0.13 0.11 0.04 0.05

Perimeter Medical Imaging AI Accounts Receivable Calculation

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


Perimeter Medical Imaging AI 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.

Perimeter Medical Imaging AI's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.05/0.098*91
=46.56

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

Perimeter Medical Imaging AI's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(18.756+0.75 * 0.05+0.5 * 0.173-7.348
-0-0)/65.0528
=0.18

* 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.


Perimeter Medical Imaging AI Accounts Receivable Related Terms

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Perimeter Medical Imaging AI (TSXV:PINK) Business Description

Traded in Other Exchanges
Address
8585 N. Stemmons Freeway, Suite 106N, Dallas, TX, USA, 75247
Perimeter Medical Imaging AI Inc is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs. The company is developing, with plans to commercialize, advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure.

Perimeter Medical Imaging AI (TSXV:PINK) Headlines

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