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ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company that specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health, meal kit deliveries, retail, groceries and more. It provides a range of solutions, including warehousing solutions, next day delivery, same-day delivery and e-commerce integration. The Company offers logistics management services and supply chain solutions. Under warehousing solutions, it streamlines its transport products with warehousing to assist in meeting storage requirements. The Company offers delivery and logistics solutions for business to business, business to customer, and any other tailored creative solution its partners may require.


CSE:PKG - Post by User

Comment by wheelsonthebusson Aug 12, 2020 8:26am
141 Views
Post# 31396686

RE:RE:RE:RE:RE:Q1 to reach $1,500,000 - $2,000,000 for 2020????

RE:RE:RE:RE:RE:Q1 to reach $1,500,000 - $2,000,000 for 2020????if receivables are running out 90, 120, days etc..... then who's paying the costs during this time ?  Looks like PKG is play banker for there clients ......as they sit on interest in there accounts ie 2% per month - OUCH @@@@@@@@ To calculate the accounts receivable turnover, start by adding the beginning and ending accounts receivable and divide it by 2 to calculate the average accounts receivable for the period. Take that figure and divide it into the net credit sales for the year for the average accounts receivable turnover.
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