Plank Ventures (XCNQ:PLNK) Change In Receivables : C$0.51 Mil (TTM As of Jan. 2025)

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What is Plank Ventures Change In Receivables?

Plank Ventures's change in receivables for the quarter that ended in Jan. 2025 was C$-0.13 Mil. It means Plank Ventures's Accounts Receivable increased by C$0.13 Mil from Oct. 2024 to Jan. 2025 .

Plank Ventures's change in receivables for the fiscal year that ended in Jul. 2024 was C$0.52 Mil. It means Plank Ventures's Accounts Receivable declined by C$0.52 Mil from Jul. 2023 to Jul. 2024 .

Plank Ventures's Accounts Receivable for the quarter that ended in Jan. 2025 was C$1.10 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. Plank Ventures's Days Sales Outstanding for the three months ended in Jan. 2025 was 104.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Plank Ventures's liquidation value for the three months ended in Jan. 2025 was C$-8.91 Mil.

Plank Ventures Change In Receivables Historical Data

The historical data trend for Plank Ventures'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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Plank Ventures Change In Receivables Chart

Plank Ventures Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Jul24

Change In Receivables

-0.41

0.02

-0.07

-0.45

0.52

Plank Ventures Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Change In Receivables	Get a 7-Day Free Trial															0.16	0.55	-0.17	0.27	-0.13

Plank Ventures 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.51 Mil.

Plank Ventures (XCNQ:PLNK) 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.

Plank Ventures's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.101	/	0.96	*	91
=	104.65

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

Plank Ventures's liquidation value for the quarter that ended in Jan. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.973	-	11.706	+	0.75 * 1.101	+	0.5 * 0
=	-8.91

Plank Ventures Change In Receivables Related Terms

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Plank Ventures Business Description

Industry

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Traded in Other Exchanges

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Address

1080 Mainland Street, Suite 204, Vancouver, BC, CAN, V6C 2T4

Website

https://www.plankcapital.com

Plank Ventures Ltd is an investment company. It invests and acquires internet software companies that have growth potential and prove capabilities to sell services into the marketplace. The Company invests in business opportunities in the technology area and SaaS businesses with a focus on marketing via social media and promotion. The company's two operating segments are investing activities (Canada) and online promotions (United States of America). Geographically, it operates within Canada and the United States, out of which it generates majority of its revenue from the United States.

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