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HS GovTech Solutions (FRA:38H) Accounts Receivable : €0.00 Mil (As of Jun. 2023)


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What is HS GovTech Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HS GovTech Solutions's accounts receivables for the quarter that ended in Jun. 2023 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HS GovTech Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HS GovTech Solutions's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €N/A.


HS GovTech Solutions Accounts Receivable Historical Data

The historical data trend for HS GovTech Solutions's Accounts Receivable 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.

HS GovTech Solutions Accounts Receivable Chart

HS GovTech Solutions Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.26 0.53 0.27 0.66 0.68

HS GovTech Solutions Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 1.07 0.68 0.99 -

HS GovTech Solutions Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


HS GovTech Solutions Accounts Receivable 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 receivables are being managed.

HS GovTech Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.883*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), HS GovTech Solutions's accounts receivable are only considered to be worth 75% of book value:

HS GovTech Solutions's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/54.6348
=N/A

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


HS GovTech Solutions Accounts Receivable Related Terms

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HS GovTech Solutions (FRA:38H) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
HS GovTech Solutions Inc is a provider of web-based and mobile solutions for health and safety regulatory agencies across North America. The solutions offered by the company include Environmental Health, Code Enforcement, Fire & Safety, Virtual Inspections, Payment Processing, Mobile Inspections, and Citizen Portal. The Company operates in one industry segment within two geographical areas: Canada and the United States of America.

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