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New Wave Holdings (XCNQ:NWAI) Change In Receivables : C$-0.65 Mil (TTM As of Dec. 2023)


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What is New Wave Holdings Change In Receivables?

New Wave Holdings's change in receivables for the quarter that ended in Dec. 2023 was C$-0.01 Mil. It means New Wave Holdings's Accounts Receivable increased by C$0.01 Mil from Sep. 2023 to Dec. 2023 .

New Wave Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was C$-0.64 Mil. It means New Wave Holdings's Accounts Receivable increased by C$0.64 Mil from Mar. 2022 to Mar. 2023 .

New Wave Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. New Wave Holdings's liquidation value for the three months ended in Dec. 2023 was C$1.59 Mil.


New Wave Holdings Change In Receivables Historical Data

The historical data trend for New Wave Holdings'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.

* Premium members only.

New Wave Holdings Change In Receivables Chart

New Wave Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.10 -0.42 -0.80 -0.64

New Wave Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 -0.62 - -0.02 -0.01

New Wave Holdings 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$-0.65 Mil.

* 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.


New Wave Holdings  (XCNQ:NWAI) 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.

New Wave Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

New Wave Holdings'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)
=2.692-1.099+0.75 * 0+0.5 * 0
=1.59

* 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.


New Wave Holdings Change In Receivables Related Terms

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New Wave Holdings (XCNQ:NWAI) Business Description

Traded in Other Exchanges
Address
1055 W Georgia Street, Suite 1500, Royal Centre, Vancouver, AB, CAN, V6E 4N7
New Wave Holdings Corp is an investment issuer and its objective is to generate income and achieve long term capital appreciation through investments focused on e-sports, NFT (non-fungible token), metaverse, blockchain and Web 3 sectors.
Executives
Ravinder Kang Director

New Wave Holdings (XCNQ:NWAI) Headlines

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