AmmPower (XCNQ:AMMP) Change In Receivables : C$0.08 Mil (TTM As of Feb. 2024)

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What is AmmPower Change In Receivables?

AmmPower's change in receivables for the quarter that ended in Feb. 2024 was C$0.02 Mil. It means AmmPower's Accounts Receivable declined by C$0.02 Mil from Nov. 2023 to Feb. 2024 .

AmmPower's change in receivables for the fiscal year that ended in May. 2023 was C$-0.10 Mil. It means AmmPower's Accounts Receivable increased by C$0.10 Mil from May. 2022 to May. 2023 .

AmmPower's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.06 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AmmPower's liquidation value for the three months ended in Feb. 2024 was C$-6.20 Mil.

AmmPower Change In Receivables Historical Data

The historical data trend for AmmPower'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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AmmPower Change In Receivables Chart

AmmPower Annual Data

Trend

May20

May21

May22

May23

Change In Receivables

-0.07

0.03

-0.10

AmmPower Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial											-0.01	-0.01	0.09	-0.01	0.02

AmmPower 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.08 Mil.

AmmPower (XCNQ:AMMP) 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.

AmmPower's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.055	/	0	*	91
=

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

AmmPower's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.015	-	6.256	+	0.75 * 0.055	+	0.5 * 0
=	-6.20

AmmPower Change In Receivables Related Terms

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AmmPower (XCNQ:AMMP) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

AMMPF:USA 601A:Germany

Address

5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1

Website

https://www.ammpower.com

AmmPower Corp is a clean energy company focused on the production of green ammonia. It is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The Company operates in one business segment: which is the development of a proprietary technology to produce green ammonia, a carbon-free fertilizer and energy carrier. The company operates in Australia, which gives majority of the revenue and Canada.

Executives

Aberdeen International Inc.

10% Security Holder

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