Wishpond Technologies (TSXV:WISH) Change In Receivables : C$-0.03 Mil (TTM As of Mar. 2024)

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What is Wishpond Technologies Change In Receivables?

Wishpond Technologies's change in receivables for the quarter that ended in Mar. 2024 was C$-0.13 Mil. It means Wishpond Technologies's Accounts Receivable increased by C$0.13 Mil from Dec. 2023 to Mar. 2024 .

Wishpond Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.04 Mil. It means Wishpond Technologies's Accounts Receivable declined by C$0.04 Mil from Dec. 2022 to Dec. 2023 .

Wishpond Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.33 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. Wishpond Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wishpond Technologies's liquidation value for the three months ended in Mar. 2024 was C$-3.67 Mil.

Wishpond Technologies Change In Receivables Historical Data

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

Wishpond Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.28

0.04

Wishpond Technologies Quarterly Data
	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														-0.06	-	-0.01	0.11	-0.13

Wishpond 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 Mil.

Wishpond Technologies (TSXV:WISH) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.332	/	6.05	*	91
=	5.01

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

Wishpond Technologies'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)
=	2.087	-	6.005	+	0.75 * 0.332	+	0.5 * 0
=	-3.67

Wishpond Technologies Change In Receivables Related Terms

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Wishpond Technologies (TSXV:WISH) Business Description

Industry

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WPNDF:USA

Address

422 Richards Street, No.170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.wishpond.com

Wishpond Technologies Ltd is a provider of marketing-focused online business solutions providing digital marketing solutions that empower entrepreneurs to achieve success online. The company offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities from one integrated platform. It replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. It serves over 3,700 customers who are mainly small-to-medium size businesses in a wide variety of industries. The company employs a Software-as-a-Service (SaaS) business model where substantially all its revenue is subscription-based recurring revenue.

Executives

David Pais

Senior Officer

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