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Pender Growth Fund (TSXV:PTF) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


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What is Pender Growth Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pender Growth Fund's accounts receivables for the quarter that ended in Dec. 2024 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pender Growth Fund's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pender Growth Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$1.94.


Pender Growth Fund Accounts Receivable Historical Data

The historical data trend for Pender Growth Fund'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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Pender Growth Fund Accounts Receivable Chart

Pender Growth Fund Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
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Pender Growth Fund Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Pender Growth Fund Accounts Receivable Calculation

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


Pender Growth Fund 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/14.81*91
=0.00

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

Pender Growth Fund'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)
=(15.105+0.75 * 0+0.5 * 0-1.282
-0-0)/7.133
=1.94

* 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.


Pender Growth Fund Accounts Receivable Related Terms

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Pender Growth Fund Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1830, Vancouver, BC, CAN, V6E 3X2
Pender Growth Fund Inc is an asset management firm. Its investment objective is to achieve long-term capital growth. The company generates its revenue in the form of dividends and interest. The firm invests in public and private companies based in Canada and the U.S., principally in the technology sector.
Executives
Penderfund Capital Management Ltd. Subsidiary
Ian Donald Power Director
Wendy Kathleen Porter Director
Tony Antero Rautava Senior Officer
David Allan Barr Senior Officer
Ginalee Marie Jones Senior Officer