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ATW Tech (TSXV:ATW) Accounts Receivable : C$0.48 Mil (As of Sep. 2023)


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What is ATW Tech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ATW Tech's accounts receivables for the quarter that ended in Sep. 2023 was C$0.48 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ATW Tech's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 129.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ATW Tech's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was C$-0.01.


ATW Tech Accounts Receivable Historical Data

The historical data trend for ATW Tech'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.

* Premium members only.

ATW Tech Accounts Receivable Chart

ATW Tech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 0.61 0.23 0.21 0.06

ATW Tech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable 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 0.09 0.06 0.15 0.51 0.48

ATW Tech Accounts Receivable Calculation

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


ATW Tech 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.

ATW Tech's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.482/0.34*91
=129.36

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

ATW Tech's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(0.083+0.75 * 0.482+0.5 * 0-3.769
-0-0)/316.268
=-0.01

* 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.


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.


ATW Tech Accounts Receivable Related Terms

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ATW Tech (TSXV:ATW) Business Description

Traded in Other Exchanges
N/A
Address
1050 de la Montagne Street, Suite 400, Montreal, QC, CAN, H3G 1Y8
ATW Tech Inc is a financial technology company owning several web platforms including VoxTel, VuduMobile, Option.vote and Bloomed. The Communication segment offers various interactive communication and payment solutions, including carrier billing. Its Psychometric assessment segment offered assistance to businesses and mass markets in talent optimization and human capital development. Geographic segments include Canada, the United States, Europe, and other countries of which Europe region generates maximum revenue.
Executives
Groupe Gestion G5 Inc. 10% Security Holder
André Imbeau 10% Security Holder

ATW Tech (TSXV:ATW) Headlines

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