SPRS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SPRS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Surge Components's change in receivables for the quarter that ended in Feb. 2024 was $0.80 Mil. It means Surge Components's Accounts Receivable declined by $0.80 Mil from Nov. 2023 to Feb. 2024 .
Surge Components's change in receivables for the fiscal year that ended in Nov. 2023 was $1.23 Mil. It means Surge Components's Accounts Receivable declined by $1.23 Mil from Nov. 2022 to Nov. 2023 .
Surge Components's Accounts Receivable for the quarter that ended in Feb. 2024 was $5.30 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. Surge Components's Days Sales Outstanding for the three months ended in Feb. 2024 was 68.51.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Surge Components's liquidation value for the three months ended in Feb. 2024 was $13.39 Mil.
The historical data trend for Surge Components'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.
Surge Components Annual Data | |||||||||||||||||||||
Trend | Nov14 | Nov15 | Nov16 | Nov17 | Nov18 | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 0.90 | -1.34 | -1.05 | 0.25 | 1.23 |
Surge Components Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Change In Receivables | Get a 7-Day Free Trial | 0.89 | -1.24 | 0.29 | 1.29 | 0.80 |
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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.14 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.
Surge Components (OTCPK:SPRS) 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.
Surge Components's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 5.296 | / | 7.054 | * | 91 |
= | 68.51 |
2. In Ben Graham's calculation of liquidation value, Surge Components's accounts receivable are only considered to be worth 75% of book value:
Surge Components's liquidation value for the quarter that ended in Feb. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 12.02 | - | 4.54 | + | 0.75 * 5.296 | + | 0.5 * 3.87 |
= | 13.39 |
* 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.
Thank you for viewing the detailed overview of Surge Components's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter Levy | director | C/O ATLAS THERAPEUTICS CORPORATION, 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292 |
Michael D Tofias | 10 percent owner | 325 NORTH END AVENUE, APT. 25B, NEW YORK NY 10282 |
Steven J Lubman | director, officer: VP, Secretary, Director | 1016 GRAND BLVD, DEER PARK NY 11729 |
Martin Novick | director | |
Alan Plafker | director | 24 SYLVIA ROAD, PLAINVIEW NY 11803 |
Gary Mark Jacobs | director | 15 HOOVER STREET, INWOOD NY 11096 |
Lawrence Chariton | director | 30 ROCKAWAY PLACE, MASSAPEQUA NY 11758 |
Ira Levy | director, officer: Chief Executive Officer | |
David Siegel | director | 95 EAST JEFRYN BOULEVARD, DEER PARK NY 11729 |
From GuruFocus
By Marketwired Marketwired • 04-15-2019
By GlobeNewswire GlobeNewswire • 04-12-2019
By Marketwired Marketwired • 02-28-2020
By GlobeNewswire GlobeNewswire • 10-08-2019
By whopper investments whopper investments • 01-10-2013
By Marketwired Marketwired • 07-10-2019
By Marketwired Marketwired • 10-08-2019
By Marketwired Marketwired • 03-01-2019
By Marketwired Marketwired • 10-15-2019
By Barel Karsan Barel Karsan • 08-28-2013
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.