PlasCred Circular Innovations (PlasCred Circular Innovations) Change In Receivables : $0.00 Mil (TTM As of Jun. 2023)

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What is PlasCred Circular Innovations Change In Receivables?

PlasCred Circular Innovations's change in receivables for the quarter that ended in Jun. 2023 was $0.00 Mil. It means PlasCred Circular Innovations's Accounts Receivable stayed the same from Mar. 2023 to Jun. 2023 .

PlasCred Circular Innovations's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.05 Mil. It means PlasCred Circular Innovations's Accounts Receivable increased by $0.05 Mil from Dec. 2022 to Dec. 2023 .

PlasCred Circular Innovations's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PlasCred Circular Innovations's liquidation value for the three months ended in Jun. 2023 was $-1.70 Mil.

PlasCred Circular Innovations Change In Receivables Historical Data

The historical data trend for PlasCred Circular Innovations'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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PlasCred Circular Innovations Change In Receivables Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

Change In Receivables

-0.05

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Dec23
Change In Receivables	-	-	-	-

PlasCred Circular Innovations 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

PlasCred Circular Innovations (OTCPK:MGPRF) 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.

PlasCred Circular Innovations's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

PlasCred Circular Innovations's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.099	-	1.794	+	0.75 * 0	+	0.5 * 0
=	-1.70

PlasCred Circular Innovations Change In Receivables Related Terms

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PlasCred Circular Innovations (PlasCred Circular Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (OTCPK:MGPRF) » Definitions » Change In Receivables

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Traded in Other Exchanges

XV2:Germany PLAS:Canada

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

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