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Cryptoblox Technologies (XCNQ:BLOX) Accounts Receivable : C$0.00 Mil (As of Jan. 2024)


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What is Cryptoblox Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cryptoblox Technologies's accounts receivables for the quarter that ended in Jan. 2024 was C$0.00 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. Cryptoblox Technologies's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was C$-0.02.


Cryptoblox Technologies Accounts Receivable Historical Data

The historical data trend for Cryptoblox 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.

Cryptoblox Technologies Accounts Receivable Chart

Cryptoblox Technologies Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.44 0.41 -

Cryptoblox Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.41 0.42 0.40 0.36 -

Cryptoblox Technologies Accounts Receivable Calculation

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


Cryptoblox 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.

Cryptoblox Technologies's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

Cryptoblox Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(1.729+0.75 * 0+0.5 * 0-4.145
-0-0)/109.206
=-0.02

* 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.


Cryptoblox Technologies Accounts Receivable Related Terms

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Cryptoblox Technologies (XCNQ:BLOX) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Cryptoblox Technologies Inc is a Blockchain and Battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the exponentially growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. It focuses on developing and implementing blockchain, distributed ledger, closed-loop, and cryptocurrency services for government and commercial partners. The company has committed to assisting global recycling solutions by offering recycling initiatives using its technology to analyze and fully refurbish used batteries.
Executives
Maryam Amin Shanjani Senior Officer

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