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Braille Energy Systems (TSXV:BES) Change In Receivables : C$0.18 Mil (TTM As of Mar. 2024)


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What is Braille Energy Systems Change In Receivables?

Braille Energy Systems's change in receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Braille Energy Systems's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Braille Energy Systems's change in receivables for the fiscal year that ended in Sep. 2023 was C$-0.14 Mil. It means Braille Energy Systems's Accounts Receivable increased by C$0.14 Mil from Sep. 2022 to Sep. 2023 .

Braille Energy Systems's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.09 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. Braille Energy Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Braille Energy Systems's liquidation value for the three months ended in Mar. 2024 was C$-1.10 Mil.


Braille Energy Systems Change In Receivables Historical Data

The historical data trend for Braille Energy Systems'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.

* Premium members only.

Braille Energy Systems Change In Receivables Chart

Braille Energy Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.14 -0.02 0.05 -0.14

Braille Energy Systems 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 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 -0.16 -0.05 0.15 0.08 -

Braille Energy Systems 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$0.18 Mil.

* 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.


Braille Energy Systems  (TSXV:BES) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.089/0.904*91
=8.98

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

Braille Energy Systems'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)
=0.168-2.08+0.75 * 0.089+0.5 * 1.496
=-1.10

* 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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Braille Energy Systems (TSXV:BES) Business Description

Traded in Other Exchanges
N/A
Address
945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9
Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high-powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.
Executives
Jeffrey York 10% Security Holder, Director

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