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Siyata Mobile (FRA:WK30) Accounts Receivable : €0.81 Mil (As of Dec. 2023)


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What is Siyata Mobile Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Siyata Mobile's accounts receivables for the quarter that ended in Dec. 2023 was €0.81 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Siyata Mobile's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Siyata Mobile's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-3.98.


Siyata Mobile Accounts Receivable Historical Data

The historical data trend for Siyata Mobile's Accounts Receivable 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.

Siyata Mobile Accounts Receivable Chart

Siyata Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.62 0.62 0.91 0.81

Siyata Mobile Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Accounts Receivable 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 1.12 0.91 0.55 1.60 0.81

Siyata Mobile Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Siyata Mobile Accounts Receivable 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 receivables are being managed.

Siyata Mobile's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.807/1.722*91
=42.76

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Siyata Mobile's accounts receivable are only considered to be worth 75% of book value:

Siyata Mobile's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.824+0.75 * 0.807+0.5 * 3.251-5.323
-0-0)/0.57046
=-3.98

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Siyata Mobile Accounts Receivable Related Terms

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Siyata Mobile (FRA:WK30) Business Description

Traded in Other Exchanges
Address
1001 Lenoir Street, Suite A- 414, Montreal, QC, CAN, H4C2Z6
Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 3G (Third generation) mobile networks and cellular booster systems. The Company develops, markets and sells a portfolio of rugged handheld Push-to-Talk over Cellular (PoC) smartphone devices. These rugged business-to-business (B2B) environments are focused on enterprise customers, first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in multiple industries.

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