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BluSky Carbon (XCNQ:BSKY) Accounts Receivable : C$0.00 Mil (As of Aug. 2024)


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What is BluSky Carbon Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BluSky Carbon's accounts receivables for the quarter that ended in Aug. 2024 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BluSky Carbon's Days Sales Outstanding for the quarter that ended in Aug. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BluSky Carbon's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was C$0.02.


BluSky Carbon Accounts Receivable Historical Data

The historical data trend for BluSky Carbon'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.

BluSky Carbon Accounts Receivable Chart

BluSky Carbon Annual Data
Trend Aug22 Aug23 Aug24
Accounts Receivable
- - -

BluSky Carbon Quarterly Data
Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - - -

BluSky Carbon Accounts Receivable Calculation

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


BluSky Carbon 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.

BluSky Carbon's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.612*91
=0.00

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

BluSky Carbon's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(3.358+0.75 * 0+0.5 * 0.716-2.749
-0-0)/63.2268
=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.


BluSky Carbon Accounts Receivable Related Terms

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BluSky Carbon Business Description

Traded in Other Exchanges
Address
220-333 Terminal Avenue, Vancouver, BC, CAN, V6A 4C1
BluSky Carbon Inc is a company whose technology is founded on renewable and sustainable energy creation from biomass feedstock. The company offers products such as systems integration, Vulcan Biomass pyrolysis systems, Medusa carbon mineralization system and kronos which is a system that is designed to be powered by renewable energy produced by the Vulcan system.

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