Aero Energy (TSXV:AERO) Change In Receivables : C$0.02 Mil (TTM As of Jan. 2024)

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What is Aero Energy Change In Receivables?

Aero Energy's change in receivables for the quarter that ended in Jan. 2024 was C$-0.02 Mil. It means Aero Energy's Accounts Receivable increased by C$0.02 Mil from Oct. 2023 to Jan. 2024 .

Aero Energy's change in receivables for the fiscal year that ended in Apr. 2023 was C$0.13 Mil. It means Aero Energy's Accounts Receivable declined by C$0.13 Mil from Apr. 2022 to Apr. 2023 .

Aero Energy's Accounts Receivable for the quarter that ended in Jan. 2024 was C$0.04 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. Aero Energy's liquidation value for the three months ended in Jan. 2024 was C$0.31 Mil.

Aero Energy Change In Receivables Historical Data

The historical data trend for Aero Energy'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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Aero Energy Change In Receivables Chart

Aero Energy Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Change In Receivables

0.02

-0.56

0.40

0.13

Aero Energy Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial													0.03	0.03	0.01	-	-0.02

Aero Energy 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

Aero Energy (TSXV:AERO) 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.

Aero Energy's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.036	/	0	*	91
=

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

Aero Energy's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.396	-	0.109	+	0.75 * 0.036	+	0.5 * 0
=	0.31

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Aero Energy (TSXV:AERO) Business Description

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