Infinity Stone Ventures (XCNQ:TKR) Change In Receivables : C$-0.06 Mil (TTM As of May. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Infinity Stone Ventures Change In Receivables?

Infinity Stone Ventures's change in receivables for the quarter that ended in May. 2023 was C$0.04 Mil. It means Infinity Stone Ventures's Accounts Receivable declined by C$0.04 Mil from Feb. 2023 to May. 2023 .

Infinity Stone Ventures's change in receivables for the fiscal year that ended in Aug. 2022 was C$-0.43 Mil. It means Infinity Stone Ventures's Accounts Receivable increased by C$0.43 Mil from Aug. 2021 to Aug. 2022 .

Infinity Stone Ventures's Accounts Receivable for the quarter that ended in May. 2023 was C$0.08 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. Infinity Stone Ventures's Days Sales Outstanding for the three months ended in May. 2023 was 521.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Infinity Stone Ventures's liquidation value for the three months ended in May. 2023 was C$-7.40 Mil.

Infinity Stone Ventures Change In Receivables Historical Data

The historical data trend for Infinity Stone Ventures'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.

Infinity Stone Ventures Change In Receivables Chart

Infinity Stone Ventures Annual Data

Trend

Aug21

Aug22

Change In Receivables

0.02

-0.43

Infinity Stone Ventures Quarterly Data
	May20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Change In Receivables	Get a 7-Day Free Trial							0.11	-0.27	0.15	0.01	0.04

Infinity Stone Ventures 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.06 Mil.

Infinity Stone Ventures (XCNQ:TKR) 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.

Infinity Stone Ventures's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.08	/	0.014	*	91
=	521.43

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

Infinity Stone Ventures's liquidation value for the quarter that ended in May. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	7.457	+	0.75 * 0.08	+	0.5 * 0
=	-7.40

Infinity Stone Ventures Change In Receivables Related Terms

Thank you for viewing the detailed overview of Infinity Stone Ventures's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Infinity Stone Ventures (XCNQ:TKR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infinity Stone Ventures Corp (XCNQ:TKR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GEMSF:USA B2IA:Germany GEMS:Canada

Address

750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6

Website

https://www.infinitystone.ventures

Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).