Sonic Foundry (Sonic Foundry) Change In Receivables

: $0.80 Mil (TTM As of Sep. 2023)

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Sonic Foundry's change in receivables for the quarter that ended in Sep. 2023 was $0.57 Mil. It means Sonic Foundry's Accounts Receivable declined by $0.57 Mil from Jun. 2023 to Sep. 2023 .

Sonic Foundry's change in receivables for the fiscal year that ended in Sep. 2023 was $0.80 Mil. It means Sonic Foundry's Accounts Receivable declined by $0.80 Mil from Sep. 2022 to Sep. 2023 .

Sonic Foundry's Accounts Receivable for the quarter that ended in Sep. 2023 was $4.00 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. Sonic Foundry's Days Sales Outstanding for the three months ended in Sep. 2023 was 65.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sonic Foundry's liquidation value for the three months ended in Sep. 2023 was $-21.23 Mil.

Sonic Foundry Change In Receivables Historical Data

The historical data trend for Sonic Foundry'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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Sonic Foundry Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

1.24

0.27

0.82

-0.04

0.80

Sonic Foundry Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables																0.14	1.70	-2.18	0.71	0.57

Sonic Foundry 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.80 Mil.

Sonic Foundry (OTCPK:SOFO) 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.

Sonic Foundry's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4	/	5.575	*	91
=	65.47

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

Sonic Foundry's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.84	-	26.002	+	0.75 * 4	+	0.5 * 1.855
=	-21.23

Sonic Foundry Change In Receivables Related Terms

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Sonic Foundry (Sonic Foundry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonic Foundry Inc (OTCPK:SOFO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 W. Washington Avenue, Madison, WI, USA, 53703

Website

https://www.sonicfoundry.com

Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.

Executives

Brian Wiegand	director	8215 GREENWAY BLVD, SUITE 340, MIDDLETON WI 53562
Ron W Busslinger	10 percent owner	27901 VIA DEL AGUA, LAGUNA NIGUEL CA 92677
Joe Jr Mozden	director	3423 WILD PRAIRIE LN, GENEVA IL 60134
Kenneth A Minor	officer: Chief Financial Officer
Nelson A Murphy	director	2300 W INNES ST, SALISBURY NC 28144
Taha Jangda	director	3827 LINKLEA DRIVE, HOUSTON TX 77025
Lawrence William St	director	23 ASHLAND STREET, NEWBURYPORT MA 01950-1905
Kelsy L Boyd	director	2839 PLEASANT VIEW HTS, COTTAGE GROVE WI 53527
Michael Norregaard	officer: Chief Operating Officer	4891 ENCHANTED VALLEY ROAD, MIDDLETON WI 53562
Andrew D. Burish	10 percent owner	8020 EXCELSIOR DRIVE, MADISON WI 53717
David Slayton	director	701 WASHINGTON AVE N. SUITE #400, MINNEAPOLIS WI 55401
Gary Weis	director, officer: Chief Executive Officer & CTO
Kopko Frederick H Jr	director	4901 S ELLIS AVE, CHICAGO IL 60615
Mark D Burish	director	HURLEY, BURISH, MILLIKEN S.C., 301 NORTH BROOM STREET, MADISON WI 53703
David Kleinman	director