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Quizam Media (XCNQ:QQ) Change In Receivables : C$0.00 Mil (TTM As of Aug. 2024)


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What is Quizam Media Change In Receivables?

Quizam Media's change in receivables for the quarter that ended in Aug. 2024 was C$0.02 Mil. It means Quizam Media's Accounts Receivable declined by C$0.02 Mil from May. 2024 to Aug. 2024 .

Quizam Media's change in receivables for the fiscal year that ended in May. 2024 was C$-0.02 Mil. It means Quizam Media's Accounts Receivable increased by C$0.02 Mil from May. 2023 to May. 2024 .

Quizam Media's Accounts Receivable for the quarter that ended in Aug. 2024 was C$0.05 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. Quizam Media's Days Sales Outstanding for the three months ended in Aug. 2024 was 2.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quizam Media's liquidation value for the three months ended in Aug. 2024 was C$-2.70 Mil.


Quizam Media Change In Receivables Historical Data

The historical data trend for Quizam Media'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.

Quizam Media Change In Receivables Chart

Quizam Media Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.02 0.03 -0.01 -0.02

Quizam Media Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - 0.03 -0.03 -0.02 0.02

Quizam Media 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Quizam Media  (XCNQ:QQ) 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.

Quizam Media's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.047/1.764*91
=2.43

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

Quizam Media's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.107-2.954+0.75 * 0.047+0.5 * 0.222
=-2.70

* 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.


Quizam Media Change In Receivables Related Terms

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Quizam Media Business Description

Traded in Other Exchanges
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. The Company derives revenue from two industries, Software and Cannabis. Software includes revenue from training services, software sales and licensing sales. Cannabis includes retail product sales and consulting fee revenue. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.
Executives
Russ Rossi Senior Officer

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