Karbon-X (Karbon-X) Change In Receivables : $0.13 Mil (TTM As of Feb. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Karbon-X Change In Receivables?

Karbon-X's change in receivables for the quarter that ended in Feb. 2024 was $-0.01 Mil. It means Karbon-X's Accounts Receivable increased by $0.01 Mil from Nov. 2023 to Feb. 2024 .

Karbon-X's change in receivables for the fiscal year that ended in May. 2023 was $-0.04 Mil. It means Karbon-X's Accounts Receivable increased by $0.04 Mil from May. 2022 to May. 2023 .

Karbon-X's Accounts Receivable for the quarter that ended in Feb. 2024 was $0.03 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. Karbon-X's Days Sales Outstanding for the three months ended in Feb. 2024 was 9.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Karbon-X's liquidation value for the three months ended in Feb. 2024 was $-0.17 Mil.

Karbon-X Change In Receivables Historical Data

The historical data trend for Karbon-X'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.

* Premium members only.

Karbon-X Change In Receivables Chart

Karbon-X Annual Data

Trend

May22

May23

Change In Receivables

-0.01

-0.04

Karbon-X Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial				-0.15	0.13	0.03	-0.02	-0.01

Karbon-X 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.13 Mil.

Karbon-X (OTCPK:KARX) 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.

Karbon-X's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.025	/	0.247	*	91
=	9.24

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

Karbon-X's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.212	-	0.405	+	0.75 * 0.025	+	0.5 * 0
=	-0.17

Karbon-X Change In Receivables Related Terms

Thank you for viewing the detailed overview of Karbon-X's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Karbon-X (Karbon-X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Karbon-X Corp (OTCPK:KARX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

910 7TH AVE SW, SUITE 1000, Calgary, AB, CAN, T2P 3N8

Website

https://www.karbon-x.com

Karbon-X Corp is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth. The Company sells carbon offsets to mining, forestry, civic earthworks, transportation and oil and gas servicing companies based on their total fossil fuel consumption for individual projects.