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Bee Vectoring Technologies International (XCNQ:BEE) Accounts Receivable : C$0.02 Mil (As of Dec. 2023)


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What is Bee Vectoring Technologies International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bee Vectoring Technologies International's accounts receivables for the quarter that ended in Dec. 2023 was C$0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bee Vectoring Technologies International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 128.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bee Vectoring Technologies International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-0.02.


Bee Vectoring Technologies International Accounts Receivable Historical Data

The historical data trend for Bee Vectoring Technologies International'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.

Bee Vectoring Technologies International Accounts Receivable Chart

Bee Vectoring Technologies International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 0.05 0.10 0.01

Bee Vectoring Technologies International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.10 0.05 0.16 0.01 0.02

Bee Vectoring Technologies International Accounts Receivable Calculation

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


Bee Vectoring Technologies International 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.

Bee Vectoring Technologies International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.024/0.017*91
=128.82

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

Bee Vectoring Technologies International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.424+0.75 * 0.024+0.5 * 0.073-3.09
-0-0)/146.854
=-0.02

* 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.


Bee Vectoring Technologies International Accounts Receivable Related Terms

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Bee Vectoring Technologies International (XCNQ:BEE) Business Description

Traded in Other Exchanges
Address
4160 Sladeview Crescent, Suite 7, Mississauga, ON, CAN, L5L 0A1
Bee Vectoring Technologies International Inc through its subsidiary is focused on the control of pests and enhancement of crops and ornamentals by biological controls in a variety of application processes. Its solution includes The Hive and Bees; and Vectorpak with Vectorite.
Executives
Claude Flueckiger Director

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