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Pegasus Mercantile (XCNQ:LOAN) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


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What is Pegasus Mercantile Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pegasus Mercantile'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. Pegasus Mercantile's Days Sales Outstanding for the quarter that ended in Dec. 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. Pegasus Mercantile's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.08.


Pegasus Mercantile Accounts Receivable Historical Data

The historical data trend for Pegasus Mercantile'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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Pegasus Mercantile Accounts Receivable Chart

Pegasus Mercantile Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
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Pegasus Mercantile Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Pegasus Mercantile Accounts Receivable Calculation

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


Pegasus Mercantile 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.017*91
=0.00

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

Pegasus Mercantile'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+0.75 * 0+0.5 * 0-0.911
-0-0)/11.631
=-0.08

* 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.


Pegasus Mercantile Accounts Receivable Related Terms

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Pegasus Mercantile Business Description

Traded in Other Exchanges
Address
1100 - 1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Pegasus Mercantile Inc is a debt financing company. The company provides high-growth companies with financial, operational, and management assistance in the fast growing market for wellness consumer products. The focus of the Company is on global wellness, psychedelics, mycology, hemp, and CBD, healthcare-related target companies, and its clinical studies and trials.