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Nextech3d AI (Nextech3d AI) Change In Receivables : $0.81 Mil (TTM As of Mar. 2024)


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What is Nextech3d AI Change In Receivables?

Nextech3d AI's change in receivables for the quarter that ended in Mar. 2024 was $0.08 Mil. It means Nextech3d AI's Accounts Receivable declined by $0.08 Mil from Dec. 2023 to Mar. 2024 .

Nextech3d AI's change in receivables for the fiscal year that ended in Dec. 2023 was $0.69 Mil. It means Nextech3d AI's Accounts Receivable declined by $0.69 Mil from Dec. 2022 to Dec. 2023 .

Nextech3d AI's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.20 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. Nextech3d AI's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nextech3d AI's liquidation value for the three months ended in Mar. 2024 was $-3.38 Mil.


Nextech3d AI Change In Receivables Historical Data

The historical data trend for Nextech3d 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.

* Premium members only.

Nextech3d AI Change In Receivables Chart

Nextech3d AI Annual Data
Trend May18 May19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -0.25 -0.89 0.07 0.05 0.69

Nextech3d AI Quarterly Data
May19 Aug19 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 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 -0.10 0.67 -0.06 0.13 0.08

Nextech3d 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 $0.81 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.


Nextech3d AI  (OTCPK:NEXCF) 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.

Nextech3d 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
=0.197/0.757*91
=23.75

2. In Ben Graham's calculation of liquidation value, Nextech3d AI's accounts receivable are only considered to be worth 75% of book value:

Nextech3d 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)
=0.076-3.608+0.75 * 0.197+0.5 * 0
=-3.38

* 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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Nextech3d AI (Nextech3d AI) Business Description

Traded in Other Exchanges
Address
Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, CAN, M5J 2T6
Nextech3d AI Corp is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other e-commerce retailers. The company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a ownership stake in the public spin-out.