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JIVA Technologies (XCNQ:JIVA) Accounts Receivable : C$0.06 Mil (As of Dec. 2024)


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What is JIVA Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JIVA Technologies's accounts receivables for the quarter that ended in Dec. 2024 was C$0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. JIVA Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 6.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JIVA Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-14.73.


JIVA Technologies Accounts Receivable Historical Data

The historical data trend for JIVA 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.

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JIVA Technologies Accounts Receivable Chart

JIVA Technologies Annual Data
Trend Jul19 Jul20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial - 1.14 0.73 0.78 0.07

JIVA Technologies Quarterly Data
Jul19 Jul20 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 0.67 0.07 0.13 0.12 0.06

JIVA Technologies Accounts Receivable Calculation

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


JIVA 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.058/0.88*91
=6.01

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

JIVA Technologies'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)
=(0.116+0.75 * 0.058+0.5 * 0.025-15.172
-0-0)/1.018
=-14.73

* 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.


JIVA Technologies Accounts Receivable Related Terms

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JIVA Technologies Business Description

Traded in Other Exchanges
Address
1861 Mamquam Road, Squamish, BC, CAN, V8B 0H5
JIVA Technologies Inc is engaged in building niche online wellness communities and creating immersive physical environments. It owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy. The company is actively pursuing joint ventures to empower wellness brands online by building their websites and managing all digital marketing.
Executives
Cay Innovations Limited 10% Security Holder
Lorne Rapkin Director, Senior Officer
Frederic Leigh Director, Senior Officer
John Gilbert Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Katie Gilbert Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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