BRQL (Brooqly) Accounts Receivable : $0.00 Mil (As of Jun. 2024)

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What is Brooqly Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brooqly's accounts receivables for the quarter that ended in Jun. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brooqly's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.01.

Brooqly Accounts Receivable Historical Data

The historical data trend for Brooqly's Accounts Receivable 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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Brooqly Accounts Receivable Chart

Brooqly Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

Brooqly Quarterly Data
	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Receivable	Get a 7-Day Free Trial							-	-	-	-	-

Brooqly Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Brooqly Accounts Receivable 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 receivables are being managed.

Brooqly's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

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

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Brooqly's accounts receivable are only considered to be worth 75% of book value:

Brooqly's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0	+	0.5 * 0	-	0.359
-	0	-	0)	/	25.365
=	-0.01

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Brooqly Accounts Receivable Related Terms

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Brooqly Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Brooqly Inc (OTCPK:BRQL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10101 S. Robert Road, Suite 209, Palos Hills, IL, USA, 60465

Website

https://www.brooqly.com

Brooqly Inc is a technology company that has developed a technological platform that allows: Retail Shops, Consumers, and Consumer Packaged goods Brands to connect and interact through a Social Networking experience. The Platform enables: Retail Shops to register and upload their Catalog Products called Treats. Consumers to sign up, purchase, and send Treats to other registered Users. Brands to advertise their Products throughout the Platform.

Executives

Panagiotis Nikolaos Lazaretos	director, 10 percent owner, officer: CEO	103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Nikolaos Ioannou	director, 10 percent owner, officer: COO	KLEOVOULOU 17,, NEOS KOSMOS, ATTIKI J3 11744
Helen V Maridakis	director, 10 percent owner, officer: CFO	6831 W. HIGHLAND DRIVE, PALOS HEIGHTS IL 60463

Brooqly Headlines

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