Tower One Wireless (XCNQ:TO) Change In Receivables : C$-4.08 Mil (TTM As of Sep. 2022)

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What is Tower One Wireless Change In Receivables?

Tower One Wireless's change in receivables for the quarter that ended in Sep. 2022 was C$-1.76 Mil. It means Tower One Wireless's Accounts Receivable increased by C$1.76 Mil from Jun. 2022 to Sep. 2022 .

Tower One Wireless's change in receivables for the fiscal year that ended in Dec. 2021 was C$-3.89 Mil. It means Tower One Wireless's Accounts Receivable increased by C$3.89 Mil from Dec. 2020 to Dec. 2021 .

Tower One Wireless's Accounts Receivable for the quarter that ended in Sep. 2022 was C$2.55 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. Tower One Wireless's Days Sales Outstanding for the three months ended in Sep. 2022 was 25.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tower One Wireless's liquidation value for the three months ended in Sep. 2022 was C$-47.41 Mil.

Tower One Wireless Change In Receivables Historical Data

The historical data trend for Tower One Wireless'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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Tower One Wireless Change In Receivables Chart

Tower One Wireless Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-0.54

-0.63

-1.38

0.65

-3.89

Tower One Wireless Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Receivables	Get a 7-Day Free Trial															-0.93	-2.78	-0.10	0.57	-1.76

Tower One Wireless 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.08 Mil.

Tower One Wireless (XCNQ:TO) 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.

Tower One Wireless's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.549	/	9.257	*	91
=	25.13

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

Tower One Wireless's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.106	-	50.425	+	0.75 * 2.549	+	0.5 * 0
=	-47.41

Tower One Wireless Change In Receivables Related Terms

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Tower One Wireless (XCNQ:TO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Tower One Wireless Corp (XCNQ:TO) » Definitions » Change In Receivables

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Address

535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4

Website

https://www.toweronewireless.com

Tower One Wireless Corp is a Canada-based company which is a tower owner, operator, and developer of multitenant communications structures. Its primary business is the leasing of space on communications sites to mobile network operators. The company's geographical segments include Argentina; Colombia; Mexico; the United States of America and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction which primarily supports the company's site leasing business, including the addition of new tenants and equipment on its sites.

Executives

Robert Nicholas Horsley	Director
Brian Gusko	Director

Tower One Wireless (XCNQ:TO) Headlines

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