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PRGX Global (PRGX Global) Change In Receivables : $-1.1 Mil (TTM As of Sep. 2020)


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What is PRGX Global Change In Receivables?

PRGX Global's change in receivables for the quarter that ended in Sep. 2020 was $-2.5 Mil. It means PRGX Global's Accounts Receivable increased by $2.5 Mil from Jun. 2020 to Sep. 2020 .

PRGX Global's change in receivables for the fiscal year that ended in Dec. 2019 was $4.1 Mil. It means PRGX Global's Accounts Receivable declined by $4.1 Mil from Dec. 2018 to Dec. 2019 .

PRGX Global's Accounts Receivable for the quarter that ended in Sep. 2020 was $36.0 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. PRGX Global's Days Sales Outstanding for the three months ended in Sep. 2020 was 79.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PRGX Global's liquidation value for the three months ended in Sep. 2020 was $-20.2 Mil.


PRGX Global Change In Receivables Historical Data

The historical data trend for PRGX Global'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.

PRGX Global Change In Receivables Chart

PRGX Global Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 -3.85 -4.42 -9.63 4.11

PRGX Global Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 3.61 -5.24 7.32 -0.75 -2.47

PRGX Global 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.1 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.


PRGX Global  (NAS:PRGX) 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.

PRGX Global's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35.977/41.532*91
=79.05

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

PRGX Global's liquidation value for the quarter that ended in Sep. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=22.625-69.838+0.75 * 35.977+0.5 * 0
=-20.2

* 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.


PRGX Global Change In Receivables Related Terms

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PRGX Global (PRGX Global) Business Description

Traded in Other Exchanges
N/A
Address
600 Galleria Parkway, Suite 100, Atlanta, GA, USA, 30339-5986
PRGX Global Inc is engaged in providing recovery audit and spends analytics service. Its services include recovery audit, spend analytics and supplier information management services. The company conducts its operations through three reportable segments: Recovery Audit Services - Americas, Recovery Audit Services - Europe/Asia-Pacific and Adjacent Services. The Recovery Audit Services - Americas segment are the largest segment in terms of clients served and revenue generated. The Recovery Audit Services - Europe/Asia-Pacific segment represents recovery audit services provided in Europe, Asia, and the Pacific region. Adjacent Services offerings are generally provided to clients on a global basis. The vast majority of the firm's revenue comes from recovery audit.
Executives
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Kevin Costello director C/O ARIBA INC, 807 11TH AVENUE, SUNNYVALE CA 94089
Joseph E Whitters director
William F Kimble director 6900 E. LAYTON AVE., SUITE 900, DENVER CO 80237
Simone C Walsh officer: Controller 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Kurt Abkemeier officer: Chief Financial Officer C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Victor A Allums officer: SVP & General Counsel 600 GALLERIA PKWY SE SUITE 100 ATLANTA GA 30339
Ronald E. Stewart director, officer: President & CEO 5360 LONG ISLAND DRIVE ATLANTA GA 30327
Gregory J Owens director, officer: Executive Chairman 2755 CAMPUS DR 3RD FL SAN MATEO CA 94403-2538
Michael Cochrane officer: SVP, COO - Global Audit Oper. 600 GALLERIA PARKWAY SUITE 100 ATLANTA GA 30342
Headlands Strategic Opportunities Fund, Lp (the Partnership) 10 percent owner ONE EMBARCADERO CENTER SUITE 1600 SAN FRANCISCO CA 94111
Headlands Capital Management, Llc other: General Partner of 10% Owner ONE FERRY BUILDING SUITE 255 SAN FRANCISCO CA 94111
Cost David W Jr other: Member of investment committee ONE FERRY BUILDING SUITE 255 SAN FRANCISCO CA 94111
Park David E Iii other: Member of investment committee ONE FERRY BUILDING SUITE 255 SAN FRANCISCO CA 94111