WFTSF (Wavefront Technology Solutions) Change In Receivables: $-0.22 Mil (TTM As of May. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WFTSF Wavefront Technology Solutions Inc WFTSF
12 GF Score
Price $0.00
View Full Analysis

What is Wavefront Technology Solutions Change In Receivables?

Wavefront Technology Solutions WFTSF -99.00% 12 Change In Receivables is $-0.22 Mil as of May. 2022. GuruFocus rates WFTSF with a GF Score™ of 12/100.

Wavefront Technology Solutions's change in receivables for the quarter that ended in May. 2022 was $-0.07 Mil. It means Wavefront Technology Solutions's Accounts Receivable increased by $0.07 Mil from Feb. 2022 to May. 2022 .

Wavefront Technology Solutions's change in receivables for the fiscal year that ended in Aug. 2021 was $0.45 Mil. It means Wavefront Technology Solutions's Accounts Receivable declined by $0.45 Mil from Aug. 2020 to Aug. 2021 .

Wavefront Technology Solutions's Accounts Receivable for the quarter that ended in May. 2022 was $0.41 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. Wavefront Technology Solutions's Days Sales Outstanding for the three months ended in May. 2022 was 104.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wavefront Technology Solutions's liquidation value for the three months ended in May. 2022 was $-0.28 Mil.

Wavefront Technology Solutions  (OTCPK:WFTSF) 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.

Wavefront Technology Solutions's Days Sales Outstanding for the quarter that ended in May. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.412/0.359*91
=104.72

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

Wavefront Technology Solutions's liquidation value for the quarter that ended in May. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.456-1.115+0.75 * 0.412+0.5 * 0.131
=-0.28

* 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.

Wavefront Technology Solutions Change In Receivables Related Terms

Wavefront Technology Solutions Change In Receivables Historical Data

* Premium members only.

The historical data trend for Wavefront Technology 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.

Wavefront Technology Solutions Change In Receivables Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.54 0.33 0.08 -0.13 0.45

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 0.22 0.04 -0.07 -0.13 -0.07
WFTSF
12GF Score
Wavefront Technology Solutions Inc WFTSF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wavefront Technology 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 May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.22 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 $-0.22 Mil mean?
Wavefront Technology Solutions (WFTSF) has a Change In Receivables of $-0.22 Mil as of May. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Change In Receivables too high?
Wavefront Technology Solutions' current Change In Receivables is $-0.22 Mil. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Change In Receivables compare to VYEY and ENSV?
Wavefront Technology Solutions' Change In Receivables of $-0.22 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Wavefront Technology Solutions and its competitors. Wavefront Technology Solutions's current Change In Receivables is $-0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Change In Receivables of $-0.22 Mil. The current Change In Receivables is $-0.22 Mil. Wavefront Technology Solutions' overall GF Score™ is 12/100. 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 Wavefront Technology Solutions (WFTSF), the current Change In Receivables is $-0.22 Mil as of May. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
12GF Score

Get the complete analysis for WFTSF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price