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TELIF (Telescope Innovations) Change In Receivables : $-0.27 Mil (TTM As of May. 2024)


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What is Telescope Innovations Change In Receivables?

Telescope Innovations's change in receivables for the quarter that ended in May. 2024 was $-0.15 Mil. It means Telescope Innovations's Accounts Receivable increased by $0.15 Mil from Feb. 2024 to May. 2024 .

Telescope Innovations's change in receivables for the fiscal year that ended in Aug. 2023 was $0.18 Mil. It means Telescope Innovations's Accounts Receivable declined by $0.18 Mil from Aug. 2022 to Aug. 2023 .

Telescope Innovations's Accounts Receivable for the quarter that ended in May. 2024 was $0.74 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. Telescope Innovations's Days Sales Outstanding for the three months ended in May. 2024 was 74.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Telescope Innovations's liquidation value for the three months ended in May. 2024 was $-1.26 Mil.

Telescope Innovations Change In Receivables Historical Data

The historical data trend for Telescope Innovations'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.

Telescope Innovations Change In Receivables Chart

Telescope Innovations Annual Data
Trend Dec19 Dec20 Aug21 Aug22 Aug23
Change In Receivables
- - -0.05 -0.51 0.18

Telescope Innovations Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.20 0.15 -0.57 0.30 -0.15

Telescope Innovations 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.27 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.

Telescope Innovations  (OTCPK:TELIF) 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.

Telescope Innovations's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.735/0.896*91
=74.85

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

Telescope Innovations's liquidation value for the quarter that ended in May. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.274-2.181+0.75 * 0.735+0.5 * 0.185
=-1.26

* 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.

Telescope Innovations Change In Receivables Related Terms

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Telescope Innovations Business Description

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TELI:Canada
Address
301 – 2386 East Mall, Vancouver, BC, CAN, V6T 1Z3
Website
https://www.telescopeinnovations.com
Telescope Innovations Corp is a technology company that intends to focus on development as a Contract Research Organization (CRO) to develop intellectual property, contract research, and building automation products. The Company has one operating segment that generates revenues from two revenue streams, contract research services and sale of automation products.