Genesis AI (XCNQ:AIG) Change In Receivables : C$0.05 Mil (TTM As of Dec. 2024)

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What is Genesis AI Change In Receivables?

Genesis AI's change in receivables for the quarter that ended in Dec. 2024 was C$0.04 Mil. It means Genesis AI's Accounts Receivable declined by C$0.04 Mil from Sep. 2024 to Dec. 2024 .

Genesis AI's change in receivables for the fiscal year that ended in Jun. 2024 was C$-0.03 Mil. It means Genesis AI's Accounts Receivable increased by C$0.03 Mil from Jun. 2023 to Jun. 2024 .

Genesis AI's Accounts Receivable for the quarter that ended in Dec. 2024 was C$0.00 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. Genesis AI's Days Sales Outstanding for the three months ended in Dec. 2024 was 1.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Genesis AI's liquidation value for the three months ended in Dec. 2024 was C$-1.00 Mil.

Genesis AI Change In Receivables Historical Data

The historical data trend for Genesis AI'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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Genesis AI Change In Receivables Chart

Genesis AI Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Receivables

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-0.01

0.01

-0.03

Genesis AI Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-0.02	0.01	0.01	-0.01	0.04

Genesis AI 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.05 Mil.

Genesis AI (XCNQ:AIG) 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.

Genesis AI's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.004	/	0.21	*	91
=	1.74

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

Genesis AI's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.093	-	1.096	+	0.75 * 0.004	+	0.5 * 0
=	-1.00

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Genesis AI Business Description

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AIGFD:USA 7JY:Germany

Address

1620 Dickson Avenue, Suite 750, Kelowna, BC, CAN, V1Y 9Y2

Website

https://www.genesisaicorp.com

Genesis AI Corp is a cybersecurity specialist company. It specializes in creating solutions to provide key organizational stakeholders with accurate and timely business intelligence to increase security posture and reduce risk. Further, it holds a military grade, cybersecurity platform for small-to-medium-sized businesses, comprising blockchain event validation, cyber tagging, incident response, and rapid restoration.

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