FOBIF (Fobi Ai) Change In Receivables : $0.60 Mil (TTM As of Mar. 2024)

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What is Fobi Ai Change In Receivables?

Fobi Ai's change in receivables for the quarter that ended in Mar. 2024 was $0.04 Mil. It means Fobi Ai's Accounts Receivable declined by $0.04 Mil from Dec. 2023 to Mar. 2024 .

Fobi Ai's change in receivables for the fiscal year that ended in Jun. 2023 was $0.75 Mil. It means Fobi Ai's Accounts Receivable declined by $0.75 Mil from Jun. 2022 to Jun. 2023 .

Fobi Ai's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.30 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. Fobi Ai's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fobi Ai's liquidation value for the three months ended in Mar. 2024 was $-0.91 Mil.

Fobi Ai Change In Receivables Historical Data

The historical data trend for Fobi Ai'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.

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Fobi Ai Change In Receivables Chart

Fobi Ai Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.10

-0.36

0.19

-0.62

0.75

Fobi Ai Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	0.74	-0.06	-0.12	0.04

Fobi Ai 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.60 Mil.

Fobi Ai (OTCPK:FOBIF) 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.

Fobi Ai's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.299	/	0.508	*	91
=	53.71

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

Fobi Ai's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.799	-	1.938	+	0.75 * 0.299	+	0.5 * 0
=	-0.91

Fobi Ai Change In Receivables Related Terms

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Fobi Ai Business Description

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Address

560 Beatty Street, Unit 200, Vancouver, BC, CAN, V6B 2L3

Website

https://www.fobi.ai

Fobi Ai Inc is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The Company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.