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BroadSoft (BroadSoft) Accounts Receivable : $109.1 Mil (As of Sep. 2017)


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What is BroadSoft Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BroadSoft's accounts receivables for the quarter that ended in Sep. 2017 was $109.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BroadSoft's Days Sales Outstanding for the quarter that ended in Sep. 2017 was 108.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BroadSoft's Net-Net Working Capital per share for the quarter that ended in Sep. 2017 was $2.98.


BroadSoft Accounts Receivable Historical Data

The historical data trend for BroadSoft'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.

* Premium members only.

BroadSoft Accounts Receivable Chart

BroadSoft Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 48.98 66.60 81.79 108.11 121.82

BroadSoft Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.52 121.82 96.13 103.44 109.09

BroadSoft Accounts Receivable Calculation

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


BroadSoft 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.

BroadSoft's Days Sales Outstanding for the quarter that ended in Sep. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=109.086/91.473*91
=108.82

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

BroadSoft's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2017 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)
=(371.067+0.75 * 109.086+0.5 * 0-358.951
-0-0)/31.5202
=2.98

* 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.


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.


BroadSoft Accounts Receivable Related Terms

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BroadSoft (BroadSoft) Business Description

Traded in Other Exchanges
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Address
BroadSoft provides cloud-based software and services that enable telecommunications-service providers to deliver hosted Unified Communications to enterprise customers. UC-One is the firm's flagship communications and collaboration offering. It integrates real-time communication services such as instant messaging and web conferencing, with non-real-time services such as email and fax. The firm's clients are typically large telecommunications service providers, and their end-customers are enterprises in hospitality, government, education, and healthcare industries. A large majority of the firm's revenue is generated in the United States, but BroadSoft has a sizable presence in Asia-Pacific and Europe.
Executives
Douglas L Maine director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
Gavin Eva Sage director C/O GAP INC., TWO FOLSOM ST, SAN FRANCISCO CA 94105-1205
Andrew M Geisse director 208 S. AKARD ST., DALLAS TX 75202
Gavin John J Jr director
Markley John D. Jr. director COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Dino Dipalma officer: Chief Revenue Officer C/O BROADSOFT, INC., 9737 WASHINGTONIAN BOULEVARD, SUITE 350, GAITHERBURG MD 20878
Patrick Joggerst officer: VP-Worldwide Sales C/O BROADSOFT, INC., 9737 WASHINGTONIAN BOULEVARD, SUITE 350, GAITHERSBURG MD 20878
Charles L Ill director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Robert P Goodman director 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Management Co. Llc 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Andrew M. Miller director 6001 AMERICA CENTER DR., SAN JOSE CA 95164

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