Verint Systems (Verint Systems) Change In Receivables : $-15.8 Mil (TTM As of Jan. 2024)

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What is Verint Systems Change In Receivables?

Verint Systems's change in receivables for the quarter that ended in Jan. 2024 was $-39.2 Mil. It means Verint Systems's Accounts Receivable increased by $39.2 Mil from Oct. 2023 to Jan. 2024 .

Verint Systems's change in receivables for the fiscal year that ended in Jan. 2024 was $-15.8 Mil. It means Verint Systems's Accounts Receivable increased by $15.8 Mil from Jan. 2023 to Jan. 2024 .

Verint Systems's Accounts Receivable for the quarter that ended in Jan. 2024 was $190.5 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. Verint Systems's Days Sales Outstanding for the three months ended in Jan. 2024 was 65.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Verint Systems's liquidation value for the three months ended in Jan. 2024 was $-565.4 Mil.

Verint Systems Change In Receivables Historical Data

The historical data trend for Verint Systems'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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Verint Systems Change In Receivables Chart

Verint Systems Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-2.84

-3.96

5.32

-15.70

-15.76

Verint Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-29.53	33.05	19.19	-28.75	-39.25

Verint Systems 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.8 Mil.

Verint Systems (NAS:VRNT) 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.

Verint Systems's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	190.461	/	265.109	*	91
=	65.56

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

Verint Systems's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	242.086	-	957.437	+	0.75 * 190.461	+	0.5 * 14.209
=	-565.4

Verint Systems Change In Receivables Related Terms

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Verint Systems (Verint Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Verint Systems Inc (NAS:VRNT) » Definitions » Change In Receivables

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Traded in Other Exchanges

VTY:Germany

Address

175 Broadhollow Road, Suite 100, Melville, NY, USA, 11747

Website

https://www.verint.com

Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.

Executives

Grant A Highlander	officer: Chief Financial Officer	C/O VERINT SYSTEMS INC., 175 BROADHOLLOW ROAD, SUITE 100, MELVILLE NY 11747
William Kurtz	director	NOVELLUS SYSTEMS, INC., 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Elan Moriah	officer: President, Contact Center Div.
Dan Bodner	director, officer: President & CEO Verint Systems
Peter Fante	officer: General Counsel
Richard N Nottenburg	director	1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Yvette H Smith	director	175 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas Robinson	officer: Chief Financial Officer	C/O VERINT SYSTEMS INC., 330 SOUTH SERVICE ROAD, MELVILLE NY 11747
John R Egan	director	176 SOUTH ST., HOPKINTON MA 01748
Kristen Robinson	director	2101 WEBSTER STREET #1650, OAKLAND CA 94612
French R Reid Jr	director	C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Linda M. Crawford	director	3365 CLAY STREET, SAN FRANCISCO CA 94118
Apax Guernsey (holdco) Pcc Ltd	10 percent owner	THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST. PETER PORT, GUERNSEY X0 GY1 2HJ
Valor Buyer Lp	10 percent owner	C/O APAX PARTNERS, LP, 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Apax X Gp Co. Ltd	10 percent owner	THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST. PETER PORT Y7 GY1 2HJ