Amfil Technologies (Amfil Technologies) Accounts Receivable : $0.13 Mil (As of Jun. 2023)

View and export this data going back to . Start your Free Trial

What is Amfil Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Amfil Technologies's accounts receivables for the quarter that ended in Jun. 2023 was $0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Amfil Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 2.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Amfil Technologies's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.02.

Amfil Technologies Accounts Receivable Historical Data

The historical data trend for Amfil Technologies'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.

Amfil Technologies Accounts Receivable Chart

Amfil Technologies Annual Data

Trend

Jun03

Jun04

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun22

Jun23

Accounts Receivable

Get a 7-Day Free Trial

0.18

0.06

0.03

0.13

Amfil Technologies Semi-Annual Data
	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun22	Jun23
Accounts Receivable	Get a 7-Day Free Trial									-	0.18	0.06	0.03	0.13

Amfil Technologies Accounts Receivable Calculation

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

Amfil Technologies 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.

Amfil Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.131	/	9.009	*	91
=	2.65

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

Amfil Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.06	+	0.75 * 0.131	+	0.5 * 0.239	-	8.479
-	0.008	-	0)	/	482.253
=	-0.02

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.

Amfil Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Amfil Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Amfil Technologies (Amfil Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Amfil Technologies Inc (OTCPK:FUNN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Bloor St W, Toronto, ON, CAN, M6G 1K4

Website

https://www.amfiltech.com

Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.

Executives

Roger Francis Mortimer

director, 10 percent owner, officer: President

220 HIGHWAY 7, LOCUST HILL A6 L0H1J0