SoundHound AI (SoundHound AI) Accounts Receivable : $4.05 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is SoundHound AI Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SoundHound AI's accounts receivables for the quarter that ended in Dec. 2023 was $4.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SoundHound AI's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 21.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SoundHound AI's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.15.

SoundHound AI Accounts Receivable Historical Data

The historical data trend for SoundHound AI'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.

SoundHound AI Accounts Receivable Chart

SoundHound AI Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

3.58

2.06

3.41

4.05

SoundHound AI Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial							3.41	2.66	3.53	3.38	4.05

SoundHound AI Accounts Receivable Calculation

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

SoundHound AI 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.05	/	17.147	*	91
=	21.55

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

SoundHound AI'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)
=	(95.26	+	0.75 * 4.05	+	0.5 * 0	-	122.954
-	14.187	-	0)	/	254.429
=	-0.15

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.

SoundHound AI Accounts Receivable Related Terms

Thank you for viewing the detailed overview of SoundHound AI's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

SoundHound AI (SoundHound AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoundHound AI Inc (NAS:SOUN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 Betsy Ross Drive, Santa Clara, CA, USA, 95054

Website

https://www.soundhound.com

SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.

Executives

Timothy Stonehocker	officer: Chief Technology Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Michael Zagorsek	officer: Chief Operating Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Lawrence Marcus	director	2105 WOODSIDE RD., WOODSIDE CA 94062
Nitesh Sharan	officer: Chief Financial Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Keyvan Mohajer	director, 10 percent owner, officer: CEO	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Majid Emami	10 percent owner, officer: VP, Engineering	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
James Ming Hom	director, officer: VP, Products	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Diana Sroka	director	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Eric R. Ball	director	C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105
Global Catalyst Partners Iii L P	10 percent owner	6239 MOJAVE DRIVE, SAN JOSE CA 95120
Zubin Irani	officer: Chief Revenue Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Global Catalyst Venture Management Iii, Llc	10 percent owner	6239 MOJAVE DRIVE, SAN JOSE CA 95120
Stephen N Cannon	director, 10 percent owner, officer: Chief Executive Officer	13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Bryant B Edwards	director	25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN
Daniel L Sheehan	officer: Chief Operating Officer	38 KEYES AVENUE SUITE 204, SAN FRANCISCO CA 94129