Ackroo (TSXV:AKR) Change In Receivables : C$0.20 Mil (TTM As of Mar. 2024)

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What is Ackroo Change In Receivables?

Ackroo's change in receivables for the quarter that ended in Mar. 2024 was C$-0.07 Mil. It means Ackroo's Accounts Receivable increased by C$0.07 Mil from Dec. 2023 to Mar. 2024 .

Ackroo's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.28 Mil. It means Ackroo's Accounts Receivable declined by C$0.28 Mil from Dec. 2022 to Dec. 2023 .

Ackroo's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.14 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. Ackroo's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ackroo's liquidation value for the three months ended in Mar. 2024 was C$-5.11 Mil.

Ackroo Change In Receivables Historical Data

The historical data trend for Ackroo'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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Ackroo Change In Receivables Chart

Ackroo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.27

0.09

-0.06

0.01

0.28

Ackroo 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															0.01	0.10	0.07	0.10	-0.07

Ackroo 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 C$0.20 Mil.

Ackroo (TSXV:AKR) 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.

Ackroo's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.144	/	1.547	*	91
=	8.49

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

Ackroo'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)
=	0.193	-	5.415	+	0.75 * 0.144	+	0.5 * 0.007
=	-5.11

Ackroo Change In Receivables Related Terms

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Ackroo (TSXV:AKR) Business Description

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AKRFF:USA

Address

1250 South Service Road, Unit A3-1 (3rd Floor), Hamilton, ON, CAN, L8E 5R9

Website

https://www.ackroo.com

Ackroo Inc provides marketing, payment, and point-of-sale solutions for merchants of all sizes. Through a SaaS-based business model, the company provides an in-store and online automated solution to help merchants process loyalty, gift card, and promotional transactions at the point of sale, provide key administrative and marketing data, and to allow customers to access and manage their loyalty and gift card accounts. Its payment services provide merchants with low-cost payment processing options through some of the world's largest payment technology and service providers. Ackroo's hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries including golf clubs, automotive dealers, and more.

Executives

Stephen Alexander Levely

Senior Officer