Smartspace Software (LSE:SMRT) Change In Receivables : £0.05 Mil (TTM As of Jul. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Smartspace Software Change In Receivables?

Smartspace Software's change in receivables for the quarter that ended in Jul. 2023 was £0.05 Mil. It means Smartspace Software's Accounts Receivable declined by £0.05 Mil from Jan. 2023 to Jul. 2023 .

Smartspace Software's change in receivables for the fiscal year that ended in Jan. 2023 was £-0.13 Mil. It means Smartspace Software's Accounts Receivable increased by £0.13 Mil from Jan. 2022 to Jan. 2023 .

Smartspace Software's Accounts Receivable for the quarter that ended in Jul. 2023 was £0.40 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. Smartspace Software's Days Sales Outstanding for the six months ended in Jul. 2023 was 26.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smartspace Software's liquidation value for the six months ended in Jul. 2023 was £-1.63 Mil.

Smartspace Software Change In Receivables Historical Data

The historical data trend for Smartspace Software'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.

Smartspace Software Change In Receivables Chart

Smartspace Software Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Change In Receivables

Get a 7-Day Free Trial

-0.07

0.07

0.02

-0.07

-0.13

Smartspace Software Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Change In Receivables	Get a 7-Day Free Trial															-0.35	0.29	-0.13	-	0.05

Smartspace Software 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 Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.05 Mil.

Smartspace Software (LSE:SMRT) 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.

Smartspace Software's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.4	/	2.741	*	91
=	26.63

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

Smartspace Software's liquidation value for the quarter that ended in Jul. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.213	-	4.14	+	0.75 * 0.4	+	0.5 * 0
=	-1.63

Smartspace Software Change In Receivables Related Terms

Thank you for viewing the detailed overview of Smartspace Software's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Smartspace Software (LSE:SMRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartspace Software PLC (LSE:SMRT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

DZV2:Germany DZV2:Germany

Address

4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL

Website

https://www.smartspaceplc.com

Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.