Hapbee Technologies (TSXV:HAPB) Change In Receivables : C$-0.10 Mil (TTM As of Sep. 2024)

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What is Hapbee Technologies Change In Receivables?

Hapbee Technologies's change in receivables for the quarter that ended in Sep. 2024 was C$-0.01 Mil. It means Hapbee Technologies's Accounts Receivable increased by C$0.01 Mil from Jun. 2024 to Sep. 2024 .

Hapbee Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.12 Mil. It means Hapbee Technologies's Accounts Receivable declined by C$0.12 Mil from Dec. 2022 to Dec. 2023 .

Hapbee Technologies's Accounts Receivable for the quarter that ended in Sep. 2024 was C$0.17 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. Hapbee Technologies's Days Sales Outstanding for the three months ended in Sep. 2024 was 77.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hapbee Technologies's liquidation value for the three months ended in Sep. 2024 was C$-5.31 Mil.

Hapbee Technologies Change In Receivables Historical Data

The historical data trend for Hapbee 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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Hapbee Technologies Change In Receivables Chart

Hapbee Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.12

-0.11

0.12

Hapbee Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-0.02	-0.04	-0.03	-0.02	-0.01

Hapbee 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.10 Mil.

Hapbee Technologies (TSXV:HAPB) 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.

Hapbee Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.173	/	0.205	*	91
=	77.01

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

Hapbee Technologies'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)
=	1.658	-	7.61	+	0.75 * 0.173	+	0.5 * 1.024
=	-5.31

Hapbee Technologies Change In Receivables Related Terms

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Hapbee Technologies Business Description

Industry

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Traded in Other Exchanges

HAPBF:USA HA1:Germany

Address

1055 West Hastings Street, Suite 2250, Vancouver, BC, CAN, V6E 2E9

Website

https://www.hapbee.com

Hapbee Technologies Inc is engaged in developing and marketing wearable fitness and wellness products. The company's core product, Hapbee Wearable Wellness Product, is a wearable device that allows wearers to choose how they feel by producing a variety of sensations by playing precise electromagnetic fields. The sensations fall under several broad categories such as Happy, Alert, Relax, Calm, Sleepy, and Focus.

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