CEENQ (UpSnap) Change In Receivables: $-0.03 Mil (TTM As of Sep. 2023)

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CEENQ UpSnap Inc CEENQ
12 GF Score
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What is UpSnap Change In Receivables?

UpSnap CEENQ +500.00% 12 Change In Receivables is $-0.03 Mil as of Sep. 2023. GuruFocus rates CEENQ with a GF Score™ of 12/100.

UpSnap's change in receivables for the quarter that ended in Sep. 2023 was $-0.02 Mil. It means UpSnap's Accounts Receivable increased by $0.02 Mil from Jun. 2023 to Sep. 2023 .

UpSnap's change in receivables for the fiscal year that ended in Dec. 2022 was $0.03 Mil. It means UpSnap's Accounts Receivable declined by $0.03 Mil from Dec. 2021 to Dec. 2022 .

UpSnap's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.13 Mil.

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 Receivable are being managed. UpSnap's Days Sales Outstanding for the three months ended in Sep. 2023 was 74.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. UpSnap's liquidation value for the three months ended in Sep. 2023 was $-3.25 Mil.


UpSnap  (OTCPK:CEENQ) Change In Receivables 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 Receivable are being managed.

UpSnap's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.13/0.159*91
=74.61

2. In Ben Graham's calculation of liquidation value, UpSnap's accounts receivable are only considered to be worth 75% of book value:

UpSnap's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.086-3.434+0.75 * 0.13+0.5 * 0
=-3.25

* 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.


UpSnap Change In Receivables Related Terms


UpSnap Change In Receivables Historical Data

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The historical data trend for UpSnap's Change In Receivables 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.

UpSnap Change In Receivables Chart

UpSnap Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.14 -0.12 0.11 0.03

UpSnap Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Receivables 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 0.00 -0.01 -0.04 0.04 -0.02
CEENQ
12GF Score
UpSnap Inc CEENQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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UpSnap Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.03 Mil mean?
UpSnap (CEENQ) has a Change In Receivables of $-0.03 Mil as of Sep. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for UpSnap and its competitors.
Is UpSnap's Change In Receivables too high?
UpSnap's current Change In Receivables is $-0.03 Mil. Overall, UpSnap has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does UpSnap's Change In Receivables compare to OMC and IPG?
UpSnap's Change In Receivables of $-0.03 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Media - Diversified company?
A good Change In Receivables depends on the Media - Diversified industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for UpSnap and its competitors. UpSnap's current Change In Receivables is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UpSnap stock overvalued right now?
UpSnap (CEENQ) has a current Change In Receivables of $-0.03 Mil. The current Change In Receivables is $-0.03 Mil. UpSnap's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For UpSnap (CEENQ), the current Change In Receivables is $-0.03 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

UpSnap Business Description

Address 100 Consilium Place, Suite 200, Toronto, ON, CAN, M1H 3E3
UpSnap Inc is a provider of mobile advertising solutions. It offers its mobile advertising services to national brands on a campaign basis and to small businesses on a subscription basis. In addition, it is involved in the licensing and support of its software solutions, as well as sale and service of software and hosting solutions. The company is conducting business in two geographic areas of operations - the United States and the rest of the world. It generates revenue from advertising services, software licensing, updated and support, and software customization.
12GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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