Pineapple Financial (Pineapple Financial) Change In Receivables : $0.75 Mil (TTM As of Feb. 2024)

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What is Pineapple Financial Change In Receivables?

Pineapple Financial's change in receivables for the quarter that ended in Feb. 2024 was $0.18 Mil. It means Pineapple Financial's Accounts Receivable declined by $0.18 Mil from Nov. 2023 to Feb. 2024 .

Pineapple Financial's change in receivables for the fiscal year that ended in Aug. 2023 was $0.04 Mil. It means Pineapple Financial's Accounts Receivable declined by $0.04 Mil from Aug. 2022 to Aug. 2023 .

Pineapple Financial's Accounts Receivable for the quarter that ended in Feb. 2024 was $0.69 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. Pineapple Financial's Days Sales Outstanding for the three months ended in Feb. 2024 was 80.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pineapple Financial's liquidation value for the three months ended in Feb. 2024 was $-0.77 Mil.

Pineapple Financial Change In Receivables Historical Data

The historical data trend for Pineapple Financial'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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Pineapple Financial Change In Receivables Chart

Pineapple Financial Annual Data

Trend

Aug21

Aug22

Aug23

Change In Receivables

-0.05

-0.04

0.04

Pineapple Financial Quarterly Data
	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial					-0.69	0.07	0.61	-0.11	0.18

Pineapple Financial 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.75 Mil.

Pineapple Financial (AMEX:PAPL) 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.

Pineapple Financial's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.69	/	0.785	*	91
=	80.21

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

Pineapple Financial's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.34	-	2.623	+	0.75 * 0.69	+	0.5 * 0
=	-0.77

Pineapple Financial Change In Receivables Related Terms

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Pineapple Financial (Pineapple Financial) Business Description

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Address

111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1

Website

https://www.gopineapple.com

Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.