OKAIF (EvokAI Creative Labs) Change In Receivables : $-0.05 Mil (TTM As of Sep. 2024)

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What is EvokAI Creative Labs Change In Receivables?

EvokAI Creative Labs's change in receivables for the quarter that ended in Sep. 2024 was $0.00 Mil. It means EvokAI Creative Labs's Accounts Receivable declined by $0.00 Mil from Jun. 2024 to Sep. 2024 .

EvokAI Creative Labs's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.06 Mil. It means EvokAI Creative Labs's Accounts Receivable increased by $0.06 Mil from Dec. 2022 to Dec. 2023 .

EvokAI Creative Labs's Accounts Receivable for the quarter that ended in Sep. 2024 was $0.05 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EvokAI Creative Labs's liquidation value for the three months ended in Sep. 2024 was $-1.02 Mil.

EvokAI Creative Labs Change In Receivables Historical Data

The historical data trend for EvokAI Creative Labs'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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EvokAI Creative Labs Change In Receivables Chart

EvokAI Creative Labs Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

0.05

-0.06

EvokAI Creative Labs Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial						0.03	-0.07	0.02	0.01	-

EvokAI Creative Labs 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

EvokAI Creative Labs (OTCPK:OKAIF) 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.

EvokAI Creative Labs's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.047	/	0	*	91
=

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

EvokAI Creative Labs's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.003	-	1.056	+	0.75 * 0.047	+	0.5 * 0
=	-1.02

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EvokAI Creative Labs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EvokAI Creative Labs Inc (OTCPK:OKAIF) » Definitions » Change In Receivables

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OKAI:Canada

Address

609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3

Website

https://www.evokailabs.com

EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.