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Blue Horizon Global Capital (XCNQ:BHCC) Accounts Receivable : C$0.01 Mil (As of Dec. 2024)


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What is Blue Horizon Global Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blue Horizon Global Capital's accounts receivables for the quarter that ended in Dec. 2024 was C$0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Blue Horizon Global Capital's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 136.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Blue Horizon Global Capital's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.00.


Blue Horizon Global Capital Accounts Receivable Historical Data

The historical data trend for Blue Horizon Global Capital'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.

Blue Horizon Global Capital Accounts Receivable Chart

Blue Horizon Global Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.02 0.01

Blue Horizon Global Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.02 - 0.01 0.01 0.01

Blue Horizon Global Capital Accounts Receivable Calculation

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


Blue Horizon Global Capital 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.

Blue Horizon Global Capital's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.006/0.004*91
=136.88

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

Blue Horizon Global Capital'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)
=(0.004+0.75 * 0.006+0.5 * 0-1.01
-0-0)/429.255
=-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.


Blue Horizon Global Capital Accounts Receivable Related Terms

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Blue Horizon Global Capital Business Description

Traded in Other Exchanges
N/A
Address
196 Wildcat Road, North York, ON, CAN, M3J 2N5
Blue Horizon Global Capital Corp is an investment company whose primary objective is to identify companies with excellent projects, technologies or both, using management's extensive experience in deal sourcing and capital combination to maximize returns for its shareholders. Blue Horizon will invest its funds with the objective of generating returns from capital appreciation and investment income.

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