Hybrid Power Solutions (XCNQ:HPSS) Change In Receivables : C$-0.30 Mil (TTM As of Feb. 2024)

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What is Hybrid Power Solutions Change In Receivables?

Hybrid Power Solutions's change in receivables for the quarter that ended in Feb. 2024 was C$-0.10 Mil. It means Hybrid Power Solutions's Accounts Receivable increased by C$0.10 Mil from Nov. 2023 to Feb. 2024 .

Hybrid Power Solutions's change in receivables for the fiscal year that ended in May. 2023 was C$-0.36 Mil. It means Hybrid Power Solutions's Accounts Receivable increased by C$0.36 Mil from May. 2022 to May. 2023 .

Hybrid Power Solutions's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.60 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. Hybrid Power Solutions's Days Sales Outstanding for the three months ended in Feb. 2024 was 75.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hybrid Power Solutions's liquidation value for the three months ended in Feb. 2024 was C$-0.93 Mil.

Hybrid Power Solutions Change In Receivables Historical Data

The historical data trend for Hybrid Power 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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Hybrid Power Solutions Change In Receivables Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Change In Receivables

-0.11

-0.06

-0.36

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial					-0.04	-0.06	-0.13	-0.01	-0.10

Hybrid Power 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.30 Mil.

Hybrid Power Solutions (XCNQ:HPSS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.598	/	0.727	*	91
=	75.06

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

Hybrid Power Solutions'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)
=	0.958	-	3.057	+	0.75 * 0.598	+	0.5 * 1.446
=	-0.93

Hybrid Power Solutions Change In Receivables Related Terms

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Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (XCNQ:HPSS) » Definitions » Change In Receivables

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Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

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