ORBCOMM's change in receivables for the quarter that ended in Jun. 2021 was $6.8 Mil. It means ORBCOMM's Accounts Receivable
declined by $6.8 Mil
from Mar. 2021 to Jun. 2021 .
ORBCOMM's change in receivables for the fiscal year that ended in Dec. 2020 was $4.5 Mil. It means ORBCOMM's Accounts Receivable
declined by $4.5 Mil
from Dec. 2019 to Dec. 2020 .
ORBCOMM's Accounts Receivable for the quarter that ended in Jun. 2021 was $48.6 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.
ORBCOMM's Days Sales Outstanding for the
three
months ended in Jun. 2021 was 67.30.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ORBCOMM's liquidation value for the
three
months ended in Jun. 2021 was $-205.5 Mil.
ORBCOMM Change In Receivables Historical Data
The historical data trend for ORBCOMM'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.
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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.4 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.
ORBCOMM (NAS:ORBC) 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.
ORBCOMM's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:
* 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.
ORBCOMM Change In Receivables Related Terms
Thank you for viewing the detailed overview of ORBCOMM's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
ORBCOMM Inc is a satellite communications company that primarily provides machine-to-machine communication, which is designed to track, monitor, and control fixed and mobile assets. The company operates in such markets as transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government. The company earns revenue across the United States, South America, Japan, and Europe, with the majority from the U.S. The company owns telecommunications infrastructure, specifically low Earth orbit satellites and accompanying ground infrastructure.
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