mCloud Technologies (TSXV:MCLD.H) Change In Receivables: C$4.17 Mil (TTM As of Sep. 2022)

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TSXV:MCLD.H mCloud Technologies Corp TSXV:MCLD.H
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What is mCloud Technologies Change In Receivables?

mCloud Technologies TSXV:MCLD.H 10 Change In Receivables is C$4.17 Mil as of Sep. 2022. GuruFocus rates TSXV:MCLD.H with a GF Score™ of 10/100.

mCloud Technologies's change in receivables for the quarter that ended in Sep. 2022 was C$1.71 Mil. It means mCloud Technologies's Accounts Receivable declined by C$1.71 Mil from Jun. 2022 to Sep. 2022 .

mCloud Technologies's change in receivables for the fiscal year that ended in Dec. 2021 was C$-1.66 Mil. It means mCloud Technologies's Accounts Receivable increased by C$1.66 Mil from Dec. 2020 to Dec. 2021 .

mCloud Technologies's Accounts Receivable for the quarter that ended in Sep. 2022 was C$2.24 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. mCloud Technologies's Days Sales Outstanding for the three months ended in Sep. 2022 was 70.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. mCloud Technologies's liquidation value for the three months ended in Sep. 2022 was C$-75.29 Mil.

mCloud Technologies  (TSXV:MCLD.H) 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.

mCloud Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.24/2.906*91
=70.34

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

mCloud Technologies's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.713-78.678+0.75 * 2.24+0.5 * 0
=-75.29

* 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.

mCloud Technologies Change In Receivables Related Terms

mCloud Technologies Change In Receivables Historical Data

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The historical data trend for mCloud 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.

mCloud Technologies Change In Receivables Chart

mCloud Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 -0.24 -3.83 -2.93 -1.66

mCloud Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 Premium Member Only Premium Member Only -1.60 -0.15 -0.08 2.68 1.71
TSXV:MCLD.H
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mCloud Technologies Corp TSXV:MCLD.H
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mCloud 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4.17 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of C$4.17 Mil mean?
mCloud Technologies (TSXV:MCLD.H) has a Change In Receivables of C$4.17 Mil as of Sep. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for mCloud Technologies and its competitors.
Is mCloud Technologies' Change In Receivables too high?
mCloud Technologies' current Change In Receivables is C$4.17 Mil. Overall, mCloud Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does mCloud Technologies' Change In Receivables compare to CRM and INTU?
mCloud Technologies' Change In Receivables of C$4.17 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for mCloud Technologies and its competitors. mCloud Technologies's current Change In Receivables is C$4.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is mCloud Technologies stock overvalued right now?
mCloud Technologies (TSXV:MCLD.H) has a current Change In Receivables of C$4.17 Mil. The current Change In Receivables is C$4.17 Mil. mCloud Technologies' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For mCloud Technologies (TSXV:MCLD.H), the current Change In Receivables is C$4.17 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

mCloud Technologies Business Description

Address 550-510 Burrard Street, Vancouver, BC, CAN, V6C 3A8
mCloud Technologies Corp is a software company. It provides AssetCare solutions that are engineered to solve customer hardest asset management challenges with solutions for Energy Management, O&M Excellence, Wind Turbine Management, and Fugitive Emissions. AssetCare is mCloud's portfolio of cloud-powered asset performance management solutions, enabling to identify, act, and track actions improving how the customer operates every asset in organization.
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