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Hypercharge Networks (TSXV:HC) Accounts Receivable : C$1.02 Mil (As of Dec. 2023)


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What is Hypercharge Networks Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hypercharge Networks's accounts receivables for the quarter that ended in Dec. 2023 was C$1.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hypercharge Networks's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 160.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hypercharge Networks's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.05.


Hypercharge Networks Accounts Receivable Historical Data

The historical data trend for Hypercharge Networks'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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Hypercharge Networks Accounts Receivable Chart

Hypercharge Networks Annual Data
Trend Aug21
Accounts Receivable
-

Hypercharge Networks Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Dec22 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.86 1.05 1.55 1.02

Hypercharge Networks Accounts Receivable Calculation

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


Hypercharge Networks 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.

Hypercharge Networks's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.021/0.582*91
=160.08

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

Hypercharge Networks's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(4.368+0.75 * 1.021+0.5 * 0.658-2.25
-0-0)/69.1406
=0.05

* 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.


Hypercharge Networks Accounts Receivable Related Terms

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Hypercharge Networks (TSXV:HC) Business Description

Traded in Other Exchanges
Address
1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4
Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.
Executives
Jason Baybutt Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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