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Relevium Technologies (TSXV:RLV.H) Accounts Receivable : C$1.71 Mil (As of Mar. 2022)


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What is Relevium Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Relevium Technologies's accounts receivables for the quarter that ended in Mar. 2022 was C$1.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Relevium Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 64.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Relevium Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was C$-0.01.


Relevium Technologies Accounts Receivable Historical Data

The historical data trend for Relevium 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.

* Premium members only.

Relevium Technologies Accounts Receivable Chart

Relevium Technologies Annual Data
Trend Dec12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.04 0.16 0.44 0.17

Relevium Technologies Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22
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 0.52 0.34 0.32 0.17 1.71

Relevium Technologies Accounts Receivable Calculation

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


Relevium 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.

Relevium Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.712/2.415*91
=64.69

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

Relevium Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 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)
=(0.586+0.75 * 1.712+0.5 * 0.037-4.162
-0-0)/329.492
=-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.


Relevium Technologies Accounts Receivable Related Terms

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Relevium Technologies (TSXV:RLV.H) Business Description

Traded in Other Exchanges
N/A
Address
1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A 3G4
Relevium Technologies Inc is a Canada based company operates in the health and wellness industry with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition, and operations of brands and businesses in the health and wellness markets including medical cannabis. Its operating segment includes Consumer Packaged Goods (CPG); Pediatric Biopharma and Corporate. The company generates maximum revenue from Consumer Packaged Goods segment.

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