Connexa Sports Technologies (Connexa Sports Technologies) Change In Receivables : $0.34 Mil (TTM As of Jan. 2024)

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What is Connexa Sports Technologies Change In Receivables?

Connexa Sports Technologies's change in receivables for the quarter that ended in Jan. 2024 was $-0.01 Mil. It means Connexa Sports Technologies's Accounts Receivable increased by $0.01 Mil from Oct. 2023 to Jan. 2024 .

Connexa Sports Technologies's change in receivables for the fiscal year that ended in Apr. 2023 was $-1.37 Mil. It means Connexa Sports Technologies's Accounts Receivable increased by $1.37 Mil from Apr. 2022 to Apr. 2023 .

Connexa Sports Technologies's Accounts Receivable for the quarter that ended in Jan. 2024 was $0.34 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. Connexa Sports Technologies's Days Sales Outstanding for the three months ended in Jan. 2024 was 14.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Connexa Sports Technologies's liquidation value for the three months ended in Jan. 2024 was $0.41 Mil.

Connexa Sports Technologies Change In Receivables Historical Data

The historical data trend for Connexa Sports Technologies'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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Connexa Sports Technologies Change In Receivables Chart

Connexa Sports Technologies Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Receivables

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-0.76

-0.27

-1.37

Connexa Sports Technologies Quarterly Data
	Apr19	Jul19	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															-1.90	0.13	0.27	-0.05	-0.01

Connexa Sports Technologies 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 $0.34 Mil.

Connexa Sports Technologies (NAS:YYAI) 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.

Connexa Sports Technologies's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.336	/	2.07	*	91
=	14.81

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

Connexa Sports Technologies'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)
=	17.193	-	17.7	+	0.75 * 0.336	+	0.5 * 1.331
=	0.41

Connexa Sports Technologies Change In Receivables Related Terms

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Connexa Sports Technologies (Connexa Sports Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Connexa Sports Technologies Inc (NAS:YYAI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

2709 North Rolling Road, Suite 138, Windsor Mill, Baltimore, MD, USA, 21244

Website

https://www.connexasports.com

Connexa Sports Technologies Inc is a connected sports company delivering products, technologies and services across the Watch, Play, Learn commercial and subscription-as-a-service activities in sports. Digital disruption is restructuring how sports are enjoyed, consumed and monetized. Its portfolio of brands includes Slinger and GAMEFACE.AI.

Executives

Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Mark Frederick Radom	officer: GENERAL COUNSEL	2709 NORTH ROLLING ROAD, SUITE 138, WINDSOR MILL, BALTIMORE MD 21244
Mike Ballardie	director, officer: CEO and Director	2709 NORTH ROLLING ROAD,, SUITE 138, WINDSOR MILL,, BALTIMORE MD 21244
Jason Paul Seifert	officer: CHIEF FINANCIAL OFFICER	2420 BRIXHAM AVENUE, ORLANDO FL 32828
Yonah Kalfa	10 percent owner	9 RABAN GAMLIEL, RAANANA L3 434024