Tufin Software Technologies (Tufin Software Technologies) Accounts Receivable : $12.9 Mil (As of Jun. 2022)

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What is Tufin Software Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tufin Software Technologies's accounts receivables for the quarter that ended in Jun. 2022 was $12.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tufin Software Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 39.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tufin Software Technologies's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $-0.58.

Tufin Software Technologies Accounts Receivable Historical Data

The historical data trend for Tufin Software Technologies'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.

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Tufin Software Technologies Accounts Receivable Chart

Tufin Software Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Receivable

11.49

14.72

16.22

16.67

19.16

Tufin Software Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Accounts Receivable	Get a 7-Day Free Trial														10.38	11.11	19.16	10.02	12.91

Tufin Software Technologies Accounts Receivable Calculation

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

Tufin Software Technologies 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.

Tufin Software Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.913	/	29.505	*	91
=	39.94

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

Tufin Software Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=	(78.454	+	0.75 * 12.913	+	0.5 * 0	-	110.797
-	0	-	0)	/	38.8397
=	-0.58

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.

Tufin Software Technologies Accounts Receivable Related Terms

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Tufin Software Technologies (Tufin Software Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tufin Software Technologies Ltd (NYSE:TUFN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 HaShalom Road, ToHa Tower, Tel Aviv, ISR, 6789205

Website

https://www.tufin.com

Tufin Software Technologies Ltd develops, markets, and sells software-based solutions that help organizations visualize, define and enforce a unified security policy across complex, heterogeneous network environments. Its solutions increase business agility, eliminate errors from manual processes, and ensure continuous compliance through a single console. The company's sales of products and services worldwide are made through a global network of distributors and resellers, which sell the products and services to their end-user customers. It derives revenues from licensing of software, sales of hardware, providing maintenance and technical support, and sales of professional services.