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Astea International (Astea International) Change In Receivables : $1.75 Mil (TTM As of Sep. 2019)


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What is Astea International Change In Receivables?

Astea International's change in receivables for the quarter that ended in Sep. 2019 was $0.11 Mil. It means Astea International's Accounts Receivable declined by $0.11 Mil from Jun. 2019 to Sep. 2019 .

Astea International's change in receivables for the fiscal year that ended in Dec. 2018 was $0.37 Mil. It means Astea International's Accounts Receivable declined by $0.37 Mil from Dec. 2017 to Dec. 2018 .

Astea International's Accounts Receivable for the quarter that ended in Sep. 2019 was $4.97 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. Astea International's Days Sales Outstanding for the three months ended in Sep. 2019 was 76.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Astea International's liquidation value for the three months ended in Sep. 2019 was $-17.22 Mil.


Astea International Change In Receivables Historical Data

The historical data trend for Astea International'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.

Astea International Change In Receivables Chart

Astea International Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 -1.61 -0.02 -1.23 0.37

Astea International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Change In Receivables 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 -0.73 0.39 1.32 -0.06 0.11

Astea International 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.75 Mil.

* 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.


Astea International  (OTCPK:ATEA) 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.

Astea International's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.973/5.96*91
=76.14

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

Astea International's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.4-21.354+0.75 * 4.973+0.5 * 0
=-17.22

* 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.


Astea International Change In Receivables Related Terms

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Astea International (Astea International) Business Description

Traded in Other Exchanges
N/A
Address
240 Gibraltar Road, Horsham, PA, USA, 19044
Astea International Inc develops markets and supports service management software solutions, which are licensed to companies that sell and service equipment or sell and deliver professional services. It offers software and services to automate enterprise business processes through analytical reporting. Its solutions are used in industries, such as information technology; medical devices and diagnostic systems; industrial controls and instrumentation; retail or point-of-sale equipment; heating, ventilation, air conditioning (HVAC); telecommunications, and other related industries with equipment sales and service requirements. The company operates through three geographical segments, including United States, Europe, and Asia/Pacific.
Executives
Kanen Wealth Management Llc 10 percent owner 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
David Kanen 10 percent owner 6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Fund, Lp 10 percent owner 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Reilly Thomas J Jr director C/O ASTEA INTERNATIONAL INC., 240 GIBRALTAR ROAD, HORSHAM PA 19044
Kernan V Oberting other: Member of a 13(g) group 14 WESLEY STREET, HAMILTON D0 HM11