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UTRX (Unitronix) Accounts Receivable : $0.01 Mil (As of Jun. 2023)


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What is Unitronix Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Unitronix's accounts receivables for the quarter that ended in Jun. 2023 was $0.01 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. Unitronix's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.00.


Unitronix Accounts Receivable Historical Data

The historical data trend for Unitronix'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.

Unitronix Accounts Receivable Chart

Unitronix Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.01 - 0.01

Unitronix Semi-Annual Data
Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun22 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 0.01 - 0.01

Unitronix Accounts Receivable Calculation

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


Unitronix 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.

Unitronix's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.013/0*91
=

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

Unitronix's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.012+0.75 * 0.013+0.5 * 0-0.263
-0-0)/207.5
=-0.00

* 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.


Unitronix Accounts Receivable Related Terms

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Unitronix Business Description

Traded in Other Exchanges
N/A
Address
525 Route 73 North, Suite 104, Marlton, NJ, USA, 08053
Unitronix Corp is a cutting-edge blockchain technology company, dedicated to developing decentralized finance solutions that bridge the gap between traditional financial markets and the digital economy. The company is focusing on investments in crypto assets and ventures related to the cryptocurrency ecosystem.
Executives
William C Wimer officer: Chief Financial Officer C/O UNITRONIX CORP, 16 ORCHARD LN, TOPSFIELD MA 01983
Dale M Hendrick director, officer: President 111 RICHMOND STREET W STE 901, TORONTO ONTARIO, CANADA M5W 2G4 A6 0000