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Data Storage (Data Storage) Change In Receivables : $2.24 Mil (TTM As of Dec. 2023)


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What is Data Storage Change In Receivables?

Data Storage's change in receivables for the quarter that ended in Dec. 2023 was $1.08 Mil. It means Data Storage's Accounts Receivable declined by $1.08 Mil from Sep. 2023 to Dec. 2023 .

Data Storage's change in receivables for the fiscal year that ended in Dec. 2023 was $2.24 Mil. It means Data Storage's Accounts Receivable declined by $2.24 Mil from Dec. 2022 to Dec. 2023 .

Data Storage's Accounts Receivable for the quarter that ended in Dec. 2023 was $1.26 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. Data Storage's Days Sales Outstanding for the three months ended in Dec. 2023 was 18.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Data Storage's liquidation value for the three months ended in Dec. 2023 was $10.15 Mil.


Data Storage Change In Receivables Historical Data

The historical data trend for Data Storage'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.

Data Storage Change In Receivables Chart

Data Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 0.14 -0.44 -1.12 2.24

Data Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables 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 -1.49 -0.17 1.45 -0.12 1.08

Data Storage 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.24 Mil.

* 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.


Data Storage  (NAS:DTST) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.26/6.189*91
=18.58

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

Data Storage's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.747-3.547+0.75 * 1.26+0.5 * 0
=10.15

* 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.


Data Storage Change In Receivables Related Terms

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Data Storage (Data Storage) Business Description

Traded in Other Exchanges
N/A
Address
48 South Service Road, Suite 203, Melville, NY, USA, 11747
Data Storage Corporation engages in providing cybersecurity, compliance and cloud computing solutions. The company's segment includes Nexxis Inc; Flagship Solutions, LLC and CloudFirst Technologies Corporation and Corporate. It generates maximum revenue from the CloudFirst Technologies Corporation segment. The company's solutions include infrastructure, disaster recovery, email archival, compliance, electronic vaulting, virtualized recovery, telecom recovery services, and continuous data protection.
Executives
Mark Alexander Wyllie director 980 N. FEDERAL HWY, SUITE 302, BOCA RATON FL 33432
Christos Panagiotakos officer: Chief Financial Officer 1013 PLANDOME ROAD, MANHASSET NY 11030
Wendy Schmittzeh other: Secretary C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Matthew Grover director C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Todd A. Correll director 222 LAKEVIEW AVENUE, SUITE 1600, WEST PALM BEACH FL 33401
Thomas Kempster director, 10 percent owner, officer: COO, Pres of Tech Ops & Secy C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Harold Schwarts director, 10 percent owner, officer: President and Treasurer C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Charles M. Piluso director, 10 percent owner, officer: Pres/CEO/CFO/Chairman C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Piluso Family Associates, Llc 10 percent owner 495 MANHASSET WOODS ROAD, MANHASSET NY 11030
Jan Burman director, 10 percent owner 875 MERRICK AVENUE, WESTBURY NY 11590
John F. Coghlan director, 10 percent owner 36 VASSAR PLACE, ROCKVILLE CENTRE NY 11570
Clifford Stein director 5345 PINE TREE DRIVE, MIAMI BEACH FL 33140
Joseph B. Hoffman director 9204 REDWOOD AVE, BETHESDA MD 20817
Matthew P Grosso officer: Secretary, Treasurer and, other: Vice President 19 HASTING DRIVE, STONY BROOK NY 11790
Peter W Briggs officer: Vice President 152 CROMPTON AVENUE #4, EAST GREENWICH RI 02818