GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Prophecy DeFi Inc (XCNQ:PDFI) » Definitions » Accounts Receivable

Prophecy DeFi (XCNQ:PDFI) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Prophecy DeFi Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prophecy DeFi's accounts receivables for the quarter that ended in Dec. 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. Prophecy DeFi's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.05.


Prophecy DeFi Accounts Receivable Historical Data

The historical data trend for Prophecy DeFi'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.

Prophecy DeFi Accounts Receivable Chart

Prophecy DeFi 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 - - - - -

Prophecy DeFi 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 - - - - -

Prophecy DeFi Accounts Receivable Calculation

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


Prophecy DeFi 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.

Prophecy DeFi'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/-0.132*91
=

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

Prophecy DeFi'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)
=(0.012+0.75 * 0+0.5 * 0-6.607
-0-0)/132.847
=-0.05

* 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.


Prophecy DeFi Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Prophecy DeFi's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Prophecy DeFi Business Description

Traded in Other Exchanges
N/A
Address
87 Scollard Street, Suite 100, Toronto, ON, CAN, M5R 1G4
Prophecy DeFi Inc aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem. The Company derives its income from digital currencies received for providing liquidity to decentralized cryptocurrency exchanges. Liquidity provisioning is Layer2 Blockchain's principal business activity and is the process where liquidity, in the form of digital assets, is deployed into the liquidity pools of decentralized exchanges.
Executives
John Andrew Mcmahon Director, Senior Officer

Prophecy DeFi Headlines

No Headlines