Ameritek Ventures (Ameritek Ventures) Change In Receivables : $-0.04 Mil (TTM As of Mar. 2024)

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What is Ameritek Ventures Change In Receivables?

Ameritek Ventures's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Ameritek Ventures's Accounts Receivable declined by $0.00 Mil from Dec. 2023 to Mar. 2024 .

Ameritek Ventures's change in receivables for the fiscal year that ended in Dec. 2023 was $0.24 Mil. It means Ameritek Ventures's Accounts Receivable declined by $0.24 Mil from Dec. 2022 to Dec. 2023 .

Ameritek Ventures's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.13 Mil.

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 Receivable are being managed. Ameritek Ventures's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ameritek Ventures's liquidation value for the three months ended in Mar. 2024 was $-3.47 Mil.

Ameritek Ventures Change In Receivables Historical Data

The historical data trend for Ameritek Ventures's Change In Receivables 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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Ameritek Ventures Change In Receivables Chart

Ameritek Ventures Annual Data

Trend

May11

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Dec22

Dec23

Change In Receivables

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-0.12

0.24

Ameritek Ventures Quarterly Data
	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.28	0.03	-0.01	-0.06	-

Ameritek Ventures Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

Ameritek Ventures (OTCPK:ATVK) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.129	/	0.216	*	91
=	54.50

2. In Ben Graham's calculation of liquidation value, Ameritek Ventures's accounts receivable are only considered to be worth 75% of book value:

Ameritek Ventures's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.002	-	3.569	+	0.75 * 0.129	+	0.5 * 0
=	-3.47

Ameritek Ventures Change In Receivables Related Terms

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Ameritek Ventures (Ameritek Ventures) Business Description

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Address

401 Ryland Street, Suite 200A, Reno, NV, USA, 89502

Website

https://www.ameritekventures.com

Ameritek Ventures manufactures machinery that is used to manufacture optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. The company's products can be used in the telecommunication industry. Ameritek's equipment provides the preforms that can be used to manufacture fiber optic cables.

Executives

Shaun Passley

officer: Chairman, CEO and CFO

201 W. LAKE ST. 135, CH IL 60606

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