ICEsoft Technologies Canada (XCNQ:ISFT) Change In Receivables : C$0.00 Mil (TTM As of Dec. 2023)

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What is ICEsoft Technologies Canada Change In Receivables?

ICEsoft Technologies Canada's change in receivables for the quarter that ended in Dec. 2023 was C$0.04 Mil. It means ICEsoft Technologies Canada's Accounts Receivable declined by C$0.04 Mil from Sep. 2023 to Dec. 2023 .

ICEsoft Technologies Canada's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.00 Mil. It means ICEsoft Technologies Canada's Accounts Receivable declined by C$0.00 Mil from Dec. 2022 to Dec. 2023 .

ICEsoft Technologies Canada's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.11 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. ICEsoft Technologies Canada's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ICEsoft Technologies Canada's liquidation value for the three months ended in Dec. 2023 was C$-2.87 Mil.

ICEsoft Technologies Canada Change In Receivables Historical Data

The historical data trend for ICEsoft Technologies Canada'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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ICEsoft Technologies Canada Change In Receivables Chart

ICEsoft Technologies Canada Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.02

-0.03

ICEsoft Technologies Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.03	-0.09	0.03	0.02	0.04

ICEsoft Technologies Canada 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

ICEsoft Technologies Canada (XCNQ:ISFT) 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.

ICEsoft Technologies Canada's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.107	/	0.436	*	91
=	22.39

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

ICEsoft Technologies Canada's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.071	-	3.018	+	0.75 * 0.107	+	0.5 * 0
=	-2.87

ICEsoft Technologies Canada Change In Receivables Related Terms

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ICEsoft Technologies Canada (XCNQ:ISFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ICEsoft Technologies Canada Corp (XCNQ:ISFT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3553 31st St. NW, Suite 261, Calgary, AB, CAN, T2L 2K7

Website

https://www.icesoft.com

ICEsoft Technologies Canada Corp and its subsidiaries are commercial Java open-source technology companies and providers of mobile-rich Internet applications development solutions for desktop and mobile enterprises. The solutions offered by the company include Voyent Alert, ICEfaces, and ICEpdf.

Executives

Steven Mark Francis	Director
Brian Clifford Mckinney	10% Security Holder, Director, Senior Officer

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