Computer Services (Computer Services) Change In Receivables : $-8.3 Mil (TTM As of Aug. 2022)

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What is Computer Services Change In Receivables?

Computer Services's change in receivables for the quarter that ended in Aug. 2022 was $1.4 Mil. It means Computer Services's Accounts Receivable declined by $1.4 Mil from May. 2022 to Aug. 2022 .

Computer Services's change in receivables for the fiscal year that ended in Feb. 2022 was $-11.5 Mil. It means Computer Services's Accounts Receivable increased by $11.5 Mil from Feb. 2021 to Feb. 2022 .

Computer Services's Accounts Receivable for the quarter that ended in Aug. 2022 was $45.0 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. Computer Services's Days Sales Outstanding for the three months ended in Aug. 2022 was 48.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Computer Services's liquidation value for the three months ended in Aug. 2022 was $-88.3 Mil.

Computer Services Change In Receivables Historical Data

The historical data trend for Computer Services'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.

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Computer Services Change In Receivables Chart

Computer Services Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Change In Receivables

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-4.91

-5.02

0.06

-3.81

-11.53

Computer Services Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Change In Receivables	Get a 7-Day Free Trial															-1.14	-7.49	-8.81	6.53	1.44

Computer Services 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 Aug. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.3 Mil.

Computer Services (OTCPK:CSVI) 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.

Computer Services's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	45.023	/	83.893	*	91
=	48.97

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

Computer Services's liquidation value for the quarter that ended in Aug. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	59.511	-	181.621	+	0.75 * 45.023	+	0.5 * 0
=	-88.3

Computer Services Change In Receivables Related Terms

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Computer Services (Computer Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer Services Inc (OTCPK:CSVI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3901 Technology Drive, Paducah, KY, USA, 42001-5201

Website

https://www.csiweb.com

Computer Services Inc (CSI) is a customer service company that delivers technology solutions to banks, financial institutions, and other businesses nationwide. The company offers services related to bank and payment processing, cloud-based banking security, mobile and internet solutions, electronic distribution, regulatory compliance, and managed services. Its operating segment includes Enterprise Banking Group (EBG) and Business Solutions Group (BSG). The company generates maximum revenue from EBG segment.