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Personas Socialorporated (TSXV:PRSN) Accounts Receivable : C$0.15 Mil (As of Dec. 2023)


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What is Personas Socialorporated Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Personas Socialorporated's accounts receivables for the quarter that ended in Dec. 2023 was C$0.15 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Personas Socialorporated's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 11.80.

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


Personas Socialorporated Accounts Receivable Historical Data

The historical data trend for Personas Socialorporated'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.

Personas Socialorporated Accounts Receivable Chart

Personas Socialorporated Annual Data
Trend May13 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.12 0.18 0.12 0.15

Personas Socialorporated Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.06 0.12 0.04 0.07 0.15

Personas Socialorporated Accounts Receivable Calculation

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


Personas Socialorporated 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.153/1.183*91
=11.80

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

Personas Socialorporated'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)
=(0.135+0.75 * 0.153+0.5 * 0-4.673
-0-0)/347.156
=-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.


Personas Socialorporated Accounts Receivable Related Terms

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Personas Socialorporated (TSXV:PRSN) Business Description

Traded in Other Exchanges
Address
1 Yonge Street, Floor 18, Toronto, ON, CAN, M5E 1W7
Personas Social Incorporated is a Canada-based company engaged in the business of offering live video conferencing technology, live streaming, social media products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. It focuses on providing social commerce-enabled products which allow for a monetizable user experience to all users, consumers and businesses alike. The company accomplishes this by offering products which are complete with enterprise-grade e-commerce infrastructure including multi-currency, multi-lingual, turnkey mobile commerce suites for users.

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