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PeakBirch Commerce (XCNQ:PKB) Accounts Receivable : C$0.04 Mil (As of Jul. 2022)


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What is PeakBirch Commerce Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PeakBirch Commerce's accounts receivables for the quarter that ended in Jul. 2022 was C$0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PeakBirch Commerce's Days Sales Outstanding for the quarter that ended in Jul. 2022 was 10.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PeakBirch Commerce's Net-Net Working Capital per share for the quarter that ended in Jul. 2022 was C$-0.30.


PeakBirch Commerce Accounts Receivable Historical Data

The historical data trend for PeakBirch Commerce'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.

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PeakBirch Commerce Accounts Receivable Chart

PeakBirch Commerce Annual Data
Trend Oct20 Oct21
Accounts Receivable
- 0.12

PeakBirch Commerce Quarterly Data
Aug19 Aug20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - 0.12 0.02 0.02 0.04

PeakBirch Commerce Accounts Receivable Calculation

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


PeakBirch Commerce 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.

PeakBirch Commerce's Days Sales Outstanding for the quarter that ended in Jul. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.038/0.322*91
=10.77

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

PeakBirch Commerce's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2022 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)
=(0.116+0.75 * 0.038+0.5 * 0.065-2.698
-0-0)/8.32536
=-0.30

* 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.


PeakBirch Commerce Accounts Receivable Related Terms

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PeakBirch Commerce (XCNQ:PKB) Business Description

Traded in Other Exchanges
N/A
Address
400, 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
PeakBirch Commerce Inc is engaged in the distribution of vaporizers and accessories for aromatherapy and other purposes. Its geographical segments include United States, Canada, and United Kingdom .

PeakBirch Commerce (XCNQ:PKB) Headlines