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SIQ Mountain Industries (TSXV:SIQ.H) Change In Receivables : C$0.00 Mil (TTM As of Feb. 2024)


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What is SIQ Mountain Industries Change In Receivables?

SIQ Mountain Industries's change in receivables for the quarter that ended in Feb. 2024 was C$0.00 Mil. It means SIQ Mountain Industries's Accounts Receivable stayed the same from Nov. 2023 to Feb. 2024 .

SIQ Mountain Industries's change in receivables for the fiscal year that ended in Aug. 2022 was C$-0.00 Mil. It means SIQ Mountain Industries's Accounts Receivable increased by C$0.00 Mil from Aug. 2021 to Aug. 2022 .

SIQ Mountain Industries's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SIQ Mountain Industries's liquidation value for the three months ended in Feb. 2024 was C$0.06 Mil.


SIQ Mountain Industries Change In Receivables Historical Data

The historical data trend for SIQ Mountain Industries'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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SIQ Mountain Industries Change In Receivables Chart

SIQ Mountain Industries Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Change In Receivables
Get a 7-Day Free Trial -0.02 - 0.01 0.01 -

SIQ Mountain Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

SIQ Mountain Industries 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


SIQ Mountain Industries  (TSXV:SIQ.H) 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.

SIQ Mountain Industries's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.001/0*91
=

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

SIQ Mountain Industries's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.088-0.029+0.75 * 0.001+0.5 * 0
=0.06

* 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.


SIQ Mountain Industries Change In Receivables Related Terms

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SIQ Mountain Industries (TSXV:SIQ.H) Business Description

Traded in Other Exchanges
N/A
Address
13966 18B Avenue, South Surrey, BC, CAN, V4A 8J1
SIQ Mountain Industries Inc is an early stage development organization focused on the design, engineering, marketing, production and distribution of various proprietary outdoor sports entertainment products. The company offers equipment, apparels accessories which include SiQride, efoil, hoodies, SiQ logo stickers among others.

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