FendX Technologies (XCNQ:FNDX) Change In Receivables : C$0.04 Mil (TTM As of Dec. 2023)

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What is FendX Technologies Change In Receivables?

FendX Technologies's change in receivables for the quarter that ended in Dec. 2023 was C$0.01 Mil. It means FendX Technologies's Accounts Receivable declined by C$0.01 Mil from Sep. 2023 to Dec. 2023 .

FendX Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.04 Mil. It means FendX Technologies's Accounts Receivable declined by C$0.04 Mil from Dec. 2022 to Dec. 2023 .

FendX Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 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. FendX Technologies's liquidation value for the three months ended in Dec. 2023 was C$-0.25 Mil.

FendX Technologies Change In Receivables Historical Data

The historical data trend for FendX Technologies'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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FendX Technologies Change In Receivables Chart

FendX Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.02

-0.05

0.04

FendX Technologies Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial				-0.01	0.03	-	-0.01	0.01

FendX Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.04 Mil.

FendX Technologies (XCNQ:FNDX) 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.

FendX Technologies'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	/	0	*	91
=

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

FendX Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.267	-	0.52	+	0.75 * 0	+	0.5 * 0
=	-0.25

FendX Technologies Change In Receivables Related Terms

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FendX Technologies (XCNQ:FNDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FendX Technologies Inc (XCNQ:FNDX) » Definitions » Change In Receivables

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Traded in Other Exchanges

FDXTF:USA E8D:Germany

Address

2010 Winston Park Drive, 2nd Floor, Oakville, ON, CAN, L6H 5R7

Website

https://www.fendxtech.com

FendX Technologies Inc is a technology company focused on developing surface protection products that protect surfaces from pathogen contamination. It is focused on the research, development and commercialization of surface protection coatings using Licensed Technology. The company is currently developing its anticipated first product, REPELWRAP to protect high-contact surfaces from contamination to reduce the transmission of harmful pathogens. The Company has a growing intellectual property portfolio consisting of licensed nonprovisional national stage patent applications.