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Scope AI (XCNQ:SCPE) Change In Receivables : C$0.02 Mil (TTM As of Mar. 2024)


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What is Scope AI Change In Receivables?

Scope AI's change in receivables for the quarter that ended in Mar. 2024 was C$0.03 Mil. It means Scope AI's Accounts Receivable declined by C$0.03 Mil from Dec. 2023 to Mar. 2024 .

Scope AI's change in receivables for the fiscal year that ended in Sep. 2023 was C$-0.02 Mil. It means Scope AI's Accounts Receivable increased by C$0.02 Mil from Sep. 2022 to Sep. 2023 .

Scope AI's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.02 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. Scope AI's liquidation value for the three months ended in Mar. 2024 was C$1.68 Mil.

Scope AI Change In Receivables Historical Data

The historical data trend for Scope AI'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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Scope AI Change In Receivables Chart

Scope AI Annual Data
Trend Sep21 Sep22 Sep23
Change In Receivables
- -0.02 -0.02

Scope AI Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.01 - -0.01 - 0.03

Scope AI 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 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.

Scope AI  (XCNQ:SCPE) 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.

Scope AI's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.016/0*91
=

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

Scope AI's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.714-0.046+0.75 * 0.016+0.5 * 0
=1.68

* 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.

Scope AI Change In Receivables Related Terms

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Scope AI (XCNQ:SCPE) Business Description

Industry
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Traded in Other Exchanges
SCPCF:USA
Address
1800 - 510 West Georgia Street, Vancouver, BC, CAN, V6B 0M3
Website
https://www.scopecarboncorp.com
Scope Carbon Corp is a Canadian technology company. It develops Artificial Intelligence (AI) analytical software and intellectual property for use in analyzing data related to nature-based objects (e.g. forests, wetlands, and other areas) as it relates to carbon credit certification. The company's current business plan is to enable large volumes of object based data to be converted into digestible data that carbon credit experts and others are able to use to verify the characteristics of trees, wetlands, and other areas.