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KwikClick (KwikClick) Accounts Receivable : $0.01 Mil (As of Mar. 2024)


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What is KwikClick Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KwikClick's accounts receivables for the quarter that ended in Mar. 2024 was $0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KwikClick's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 41.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KwikClick's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.02.


KwikClick Accounts Receivable Historical Data

The historical data trend for KwikClick'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.

KwikClick Accounts Receivable Chart

KwikClick Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - 0.02

KwikClick Quarterly Data
Mar99 Jun99 Sep99 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.02 0.01

KwikClick Accounts Receivable Calculation

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


KwikClick 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.014/0.031*91
=41.21

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

KwikClick'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)
=(0.03+0.75 * 0.014+0.5 * 0-3.085
-0-0)/153.149
=-0.02

* 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.


KwikClick Accounts Receivable Related Terms

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KwikClick (KwikClick) Business Description

Traded in Other Exchanges
N/A
Address
585 West 500 South, Suite 130, Bountiful, UT, USA, 84010
KwikClick Inc is a SaaS (software as a service) platform developed to connect sellers with buyers (participants) while merging the benefits of social media marketing with the intense power of individual affiliate marketing typically associated only with network marketing organizations. Its app allows participants to be compensated for all sales that occur as a result of referring any product or service, participants wish to promote actively or passively as participants correspond socially, through mobile devices or online.
Executives
David Hunt director 66 EXCHANGE PL, STE 201, SALT LAKE CITY UT 84111