Clip Money (TSXV:CLIP) Change In Receivables : C$-0.56 Mil (TTM As of Dec. 2024)

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What is Clip Money Change In Receivables?

Clip Money's change in receivables for the quarter that ended in Dec. 2024 was C$-0.44 Mil. It means Clip Money's Accounts Receivable increased by C$0.44 Mil from Sep. 2024 to Dec. 2024 .

Clip Money's change in receivables for the fiscal year that ended in Dec. 2024 was C$-0.69 Mil. It means Clip Money's Accounts Receivable increased by C$0.69 Mil from Dec. 2023 to Dec. 2024 .

Clip Money's Accounts Receivable for the quarter that ended in Dec. 2024 was C$0.91 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. Clip Money's Days Sales Outstanding for the three months ended in Dec. 2024 was 50.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clip Money's liquidation value for the three months ended in Dec. 2024 was C$-21.43 Mil.

Clip Money Change In Receivables Historical Data

The historical data trend for Clip Money'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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Clip Money Change In Receivables Chart

Clip Money Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Change In Receivables

0.16

-0.21

-0.69

Clip Money Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial										0.04	0.04	-0.08	-0.08	-0.44

Clip Money 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.56 Mil.

Clip Money (TSXV:CLIP) 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.

Clip Money's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.912	/	1.641	*	91
=	50.71

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

Clip Money's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.847	-	24.965	+	0.75 * 0.912	+	0.5 * 0
=	-21.43

Clip Money Change In Receivables Related Terms

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Clip Money Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clip Money Inc (TSXV:CLIP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CLPMF:USA

Address

96 Riverdale Avenue, Ottawa, ON, CAN, K1S 1R2

Website

https://www.clipmoney.com

Clip Money Inc is a Canadian-based company principally in the business of providing a proprietary deposit network to businesses and financial institutions located across North America. A network of ClipDrop safes located in malls, box stores, and grocery chains, Clip improves the business deposit experience through transformational digital and mobile-enabled services. The company has one operating segment, which is providing a proprietary deposit network to businesses located across North America. The company combines functional hardware, an intuitive mobile app, and a cloud-based transaction engine that maximizes business banking transactions. It also facilitates mobile change orders, which are fully insured and shipped within one to two business days.

Executives

Andrew Tussing	Senior Officer
Daren Trousdell	10% Security Holder
Koat Holdings Llc	10% Security Holder