NetCents Technology (XCNQ:NC) Change In Receivables : C$-0.02 Mil (TTM As of Jul. 2020)

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What is NetCents Technology Change In Receivables?

NetCents Technology's change in receivables for the quarter that ended in Jul. 2020 was C$0.00 Mil. It means NetCents Technology's Accounts Receivable stayed the same from Apr. 2020 to Jul. 2020 .

NetCents Technology's change in receivables for the fiscal year that ended in Oct. 2019 was C$0.00 Mil. It means NetCents Technology's Accounts Receivable stayed the same from Oct. 2018 to Oct. 2019 .

NetCents Technology's Accounts Receivable for the quarter that ended in Jul. 2020 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. NetCents Technology's Days Sales Outstanding for the three months ended in Jul. 2020 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NetCents Technology's liquidation value for the three months ended in Jul. 2020 was C$-4.67 Mil.

NetCents Technology Change In Receivables Historical Data

The historical data trend for NetCents Technology'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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NetCents Technology Change In Receivables Chart

NetCents Technology Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Change In Receivables

-0.20

NetCents Technology Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-0.02	-

NetCents Technology 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 Jul. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

NetCents Technology (XCNQ:NC) 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.

NetCents Technology's Days Sales Outstanding for the quarter that ended in Jul. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.07	*	91
=	0.00

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

NetCents Technology's liquidation value for the quarter that ended in Jul. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.63	-	7.301	+	0.75 * 0	+	0.5 * 0
=	-4.67

NetCents Technology Change In Receivables Related Terms

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NetCents Technology (XCNQ:NC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NetCents Technology Inc (XCNQ:NC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-375 Water Street, Vancouver, BC, CAN, V6B 5C6

Website

https://www.net-cents.com

NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.