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CSP (CSPI) Change In Receivables : $8.42 Mil (TTM As of Dec. 2023)


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What is CSP Change In Receivables?

CSP's change in receivables for the quarter that ended in Dec. 2023 was $2.66 Mil. It means CSP's Accounts Receivable declined by $2.66 Mil from Sep. 2023 to Dec. 2023 .

CSP's change in receivables for the fiscal year that ended in Sep. 2023 was $7.09 Mil. It means CSP's Accounts Receivable declined by $7.09 Mil from Sep. 2022 to Sep. 2023 .

CSP's Accounts Receivable for the quarter that ended in Dec. 2023 was $11.72 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. CSP's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CSP's liquidation value for the three months ended in Dec. 2023 was $16.93 Mil.


CSP Change In Receivables Historical Data

The historical data trend for CSP'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.

CSP Change In Receivables Chart

CSP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.62 3.12 -10.10 -3.55 7.09

CSP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.33 0.45 -2.40 7.70 2.66

CSP 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.42 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.


CSP  (NAS:CSPI) 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.

CSP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.722/15.375*91
=69.57

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

CSP's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=25.611-20.953+0.75 * 11.722+0.5 * 6.963
=16.93

* 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.


CSP Change In Receivables Related Terms

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CSP (CSPI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
175 Cabot Street, Suite 210, Lowell, MA, USA, 01854
CSP Inc along with its subsidiaries develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments namely Technology Solutions, where the company focus on value-added reseller integrated solutions including third-party hardware, software, and technical computer-related consulting, and High-Performance Products segments, where the company design, manufacture and deliver products and services to customers that require specialized cyber security services, networking and signal processing. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates its maximum revenue from the Americas.
Executives
Joseph R Nerges 10 percent owner 1726 BUNDY ST, SCRANTON PA 18508
Gary Southwell officer: VP and GM 175 CABOT STREET, SUITE 210, LOWELL MA 01854
Mike Newbanks officer: VP Finance & CAO 1182 E NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442
Gary W Levine officer: CFO 215 BUNKER HILL ST., CHARLESTOWN MA 02129
Victor Dellovo officer: President and CEO 1182 EAST NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442-8126
C Shelton James director GROUP LONG DISTANCE INC, 1451 W CYPRESS CREEK RD STE 200, FT LAUDERDALE FL 33309
Ismail Azeri director 175 CABOT STREET, SUITE 210, LOWELL MA 01854
John M Leydon officer: VP Finance Chief Acct Officer 2 BECK STREET, NEWBURYPORT MA 01950
Blackmon Raymond Charles Jr director 155 VIOLET PLACE, EUFAULA AL 36027
Marilyn T Smith director 10349 MAIN STREET, FAIRFAX VA 22030
Robert E Bunnett director 733 MEDITERRANEAN LANE, REDWOOD CITY CA 94065
Julian Demora other: Investor P.O.BOX 220139, HOLLYWOOD FL 33022
Christopher Hall director, 10 percent owner 671 NORTHEAST 105TH ST, MIAMI SHORES FL 33138
Robert Michael Williams director P.O. 296, BREWSTER MA 02631
Robert A Stellato officer: Chief Accounting Officer 43 MANNING ROAD, BILLERICA MA 01821