A2Z Smart Technologies (TSXV:AZ) Change In Receivables : C$2.42 Mil (TTM As of Dec. 2023)

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What is A2Z Smart Technologies Change In Receivables?

A2Z Smart Technologies's change in receivables for the quarter that ended in Dec. 2023 was C$1.12 Mil. It means A2Z Smart Technologies's Accounts Receivable declined by C$1.12 Mil from Sep. 2023 to Dec. 2023 .

A2Z Smart Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was C$2.42 Mil. It means A2Z Smart Technologies's Accounts Receivable declined by C$2.42 Mil from Dec. 2022 to Dec. 2023 .

A2Z Smart Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was C$1.98 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. A2Z Smart Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 102.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. A2Z Smart Technologies's liquidation value for the three months ended in Dec. 2023 was C$-9.73 Mil.

A2Z Smart Technologies Change In Receivables Historical Data

The historical data trend for A2Z Smart Technologies'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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A2Z Smart Technologies Change In Receivables Chart

A2Z Smart Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.72

0.97

-0.95

-1.89

2.42

A2Z Smart Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.31	0.14	0.97	0.19	1.12

A2Z Smart Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.42 Mil.

A2Z Smart Technologies (TSXV:AZ) 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.

A2Z Smart Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.982	/	1.77	*	91
=	102.18

2. In Ben Graham's calculation of liquidation value, A2Z Smart Technologies's accounts receivable are only considered to be worth 75% of book value:

A2Z Smart Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.145	-	14.527	+	0.75 * 1.982	+	0.5 * 0.335
=	-9.73

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A2Z Smart Technologies (TSXV:AZ) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » A2Z Smart Technologies Corp (TSXV:AZ) » Definitions » Change In Receivables

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AZ:USA

Address

559 Briar Hill Avenue, Toronto, ON, CAN, M5N 1N1

Website

https://www.a2zas.com

A2Z Smart Technologies Corp is a technology company in Israel providing products to the Israeli Defense and Security Forces, specializing in military unmanned robotics and state-of-the-art automation and electronics technology. The company commenced the development of two products for the automotive market. The first product is a capsule that can be placed in a fuel tank to prevent gas tank explosions. The second product under development is a vehicle cover device that will protect automobiles from extreme weather conditions while the vehicle is not in use. The company also provides maintenance services to both external and in-house complex electronic systems and products.