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AAJ Capital 3 (TSXV:AAAJ.P) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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What is AAJ Capital 3 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AAJ Capital 3's accounts receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AAJ Capital 3's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$0.03.


AAJ Capital 3 Accounts Receivable Historical Data

The historical data trend for AAJ Capital 3'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.

AAJ Capital 3 Accounts Receivable Chart

AAJ Capital 3 Annual Data
Trend Jun22 Jun23
Accounts Receivable
- -

AAJ Capital 3 Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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AAJ Capital 3 Accounts Receivable Calculation

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


AAJ Capital 3 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.

AAJ Capital 3's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), AAJ Capital 3's accounts receivable are only considered to be worth 75% of book value:

AAJ Capital 3'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)
=(0.208+0.75 * 0+0.5 * 0-0.018
-0-0)/6.45
=0.03

* 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.


AAJ Capital 3 Accounts Receivable Related Terms

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AAJ Capital 3 (TSXV:AAAJ.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, P.O. Box 11117, 1500 Royal Centre, Vancouver, BC, CAN, V6E 4N7
Website
AAJ Capital 3 Corp is a capital pool company.

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