Securetech Innovations (Securetech Innovations) Change In Receivables : $0.00 Mil (TTM As of Mar. 2024)

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What is Securetech Innovations Change In Receivables?

Securetech Innovations's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Securetech Innovations's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Securetech Innovations's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Securetech Innovations's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Securetech Innovations's Accounts Receivable for the quarter that ended in Mar. 2024 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. Securetech Innovations's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Securetech Innovations's liquidation value for the three months ended in Mar. 2024 was $-0.24 Mil.

Securetech Innovations Change In Receivables Historical Data

The historical data trend for Securetech 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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Securetech Innovations Change In Receivables Chart

Securetech Innovations Annual Data

Trend

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Dec23

Change In Receivables

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Securetech Innovations Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Securetech 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Securetech Innovations (OTCPK:SCTH) 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.

Securetech Innovations'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	/	0.013	*	91
=	0.00

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

Securetech Innovations'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)
=	0.001	-	0.246	+	0.75 * 0	+	0.5 * 0.011
=	-0.24

Securetech Innovations Change In Receivables Related Terms

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Securetech Innovations (Securetech Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Securetech Innovations Inc (OTCPK:SCTH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

2355 Highway 36 West, Suite 400, Roseville, MN, USA, 55113

Website

https://www.securetechinnovations.com

Securetech Innovations Inc is engaged in developing and marketing personal and automobile security and safety devices and technologies. Its primary source of revenue is from the sale of its Top Kontrol product which is an anti-theft and anti-carjacking system.

Executives

African Resource Group, Inc.	10 percent owner	9353 OUTER BANKS AVE., LAS VEGAS NV 89149
Anthony Vang	director, officer: Treasurer/Secretary	2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Lee Kao	director, 10 percent owner, officer: President/CEO	2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Abdikarim Farah	officer: Vice President	2355 HIGHWAY 36 WEST, STE. 400, ROSEVILLE MN 55113