OneSoft Solutions (TSXV:OSS) Change In Receivables : C$1.29 Mil (TTM As of Mar. 2024)

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What is OneSoft Solutions Change In Receivables?

OneSoft Solutions's change in receivables for the quarter that ended in Mar. 2024 was C$-0.60 Mil. It means OneSoft Solutions's Accounts Receivable increased by C$0.60 Mil from Dec. 2023 to Mar. 2024 .

OneSoft Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.08 Mil. It means OneSoft Solutions's Accounts Receivable increased by C$0.08 Mil from Dec. 2022 to Dec. 2023 .

OneSoft Solutions's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.95 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. OneSoft Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OneSoft Solutions's liquidation value for the three months ended in Mar. 2024 was C$0.29 Mil.

OneSoft Solutions Change In Receivables Historical Data

The historical data trend for OneSoft Solutions'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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OneSoft Solutions Change In Receivables Chart

OneSoft Solutions Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.66

-0.14

-0.02

-0.06

-0.08

OneSoft Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-1.97	1.54	-1.63	1.98	-0.60

OneSoft Solutions 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.29 Mil.

OneSoft Solutions (TSXV:OSS) 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.

OneSoft Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.948	/	2.899	*	91
=	29.84

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

OneSoft Solutions's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.015	-	8.441	+	0.75 * 0.948	+	0.5 * 0
=	0.29

OneSoft Solutions Change In Receivables Related Terms

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OneSoft Solutions (TSXV:OSS) Business Description

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OSSIF:USA

Address

10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6

Website

https://www.onesoft.ca

OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..

Executives

David Shong-tak Tam

Senior Officer