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Parvis Invest (TSXV:PVIS) Accounts Receivable : C$0.08 Mil (As of Dec. 2024)


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What is Parvis Invest Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Parvis Invest's accounts receivables for the quarter that ended in Dec. 2024 was C$0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Parvis Invest's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 36.07.

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


Parvis Invest Accounts Receivable Historical Data

The historical data trend for Parvis Invest'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.

Parvis Invest Accounts Receivable Chart

Parvis Invest Annual Data
Trend Oct21 Oct22 Mar24
Accounts Receivable
- - 0.02

Parvis Invest Quarterly Data
Oct21 Jan22 Oct22 Jan23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.30 0.10 0.08

Parvis Invest Accounts Receivable Calculation

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


Parvis Invest 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.083/0.21*91
=36.07

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

Parvis Invest'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)
=(0.739+0.75 * 0.083+0.5 * 0-0.49
-0-0)/26.772
=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.


Parvis Invest Accounts Receivable Related Terms

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Parvis Invest Business Description

Traded in Other Exchanges
N/A
Address
410 West Georgia Street, 3rd Floor, Vancouver, BC, CAN, V6B 1Z3
Parvis Invest Inc is a technology-driven real estate investing platform. It is focused on broadening access to institutional quality real estate investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Enabled by blockchain technology, the company makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering.
Executives
David Michaud Director, Senior Officer

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