Exodus Movement (Exodus Movement) Accounts Receivable : $6.61 Mil (As of Mar. 2024)

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What is Exodus Movement Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Exodus Movement's accounts receivables for the quarter that ended in Mar. 2024 was $6.61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Exodus Movement's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 20.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Exodus Movement's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $1.65.

Exodus Movement Accounts Receivable Historical Data

The historical data trend for Exodus Movement's Accounts Receivable 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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Exodus Movement Accounts Receivable Chart

Exodus Movement Annual Data

Trend

Accounts Receivable

Exodus Movement Quarterly Data
	Mar23	Mar24
Accounts Receivable	-	6.61

Exodus Movement Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Exodus Movement Accounts Receivable 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 receivables are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.605	/	29.06	*	91
=	20.74

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Exodus Movement's accounts receivable are only considered to be worth 75% of book value:

Exodus Movement's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(64.907	+	0.75 * 6.605	+	0.5 * 0	-	26.344
-	0	-	0)	/	26.3141
=	1.65

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Exodus Movement Accounts Receivable Related Terms

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Exodus Movement (Exodus Movement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exodus Movement Inc (OTCPK:EXOD) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15418 Weir Street, Suite 333, Omaha, NE, USA, 68137

Website

https://www.exodus.com

Exodus Movement Inc is a self-custodial platform that connects people with the world of decentralized finance and the power of the blockchain. Available for desktop and mobile, it allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum. Geographical presence in Europe, United States, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (Other Americas).