Evolv Technologies Holdings (Evolv Technologies Holdings) Change In Receivables : $9.01 Mil (TTM As of Dec. 2023)

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What is Evolv Technologies Holdings Change In Receivables?

Evolv Technologies Holdings's change in receivables for the quarter that ended in Dec. 2023 was $6.83 Mil. It means Evolv Technologies Holdings's Accounts Receivable declined by $6.83 Mil from Sep. 2023 to Dec. 2023 .

Evolv Technologies Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $9.01 Mil. It means Evolv Technologies Holdings's Accounts Receivable declined by $9.01 Mil from Dec. 2022 to Dec. 2023 .

Evolv Technologies Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $22.61 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. Evolv Technologies Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 94.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Evolv Technologies Holdings's liquidation value for the three months ended in Dec. 2023 was $-11.87 Mil.

Evolv Technologies Holdings Change In Receivables Historical Data

The historical data trend for Evolv Technologies Holdings'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.

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Evolv Technologies Holdings Change In Receivables Chart

Evolv Technologies Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.71

-0.46

-9.94

-24.95

9.01

Evolv Technologies Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-8.19	8.90	-10.73	4.01	6.83

Evolv Technologies Holdings 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 $9.01 Mil.

Evolv Technologies Holdings (NAS:EVLV) 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.

Evolv Technologies Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22.611	/	21.821	*	91
=	94.55

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

Evolv Technologies Holdings'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)
=	118.818	-	152.397	+	0.75 * 22.611	+	0.5 * 9.507
=	-11.87

Evolv Technologies Holdings Change In Receivables Related Terms

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Evolv Technologies Holdings (Evolv Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Evolv Technologies Holdings Inc (NAS:EVLV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Totten Pond Road, 4th Floor, Waltham, MA, USA, 02451

Website

https://www.evolvtechnology.com

Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.

Executives

Michael Ellenbogen	director, officer: Founder & Head of Adv. Tech.	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Anil Chitkara	officer: Founder & Head of Corp. Dev.	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Peter Gustav George	director, officer: Chief Executive Officer	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Anthony John Derosa	officer: Chief Revenue Officer	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Rajan Naik	director	500 WEST MONROE STREET, CHICAGO IL 60661
David Mounts Gonzales	director	C/O EVOLV TECHNOLOGIES HOLDINGS, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Jay Muelhoefer	officer: Chief Commercial Officer	C/O EVOLV TECHNOLOGIES HOLDINGS, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Mark Donohue	officer: Chief Financial Officer	C/O EVOLV TECHNOLOGIES HOLDINGS, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Kevin M. Charlton	director	14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
John Kedzierski	director	C/O EVOLV TECHNOLOGY, 500 W MONROE STREET, STE 4400, CHICAGO IL 60661-3781
Mario Ramos	officer: Chief Financial Officer	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Neil Glat	director	950 MCCARTY STREET, BUILDING A, HOUSTON TX 77029
Finback Evolv Obh, Llc	10 percent owner	1200 ANASTASIA AVENUE, SUITE 500, CORAL GABLES FL 33134
Merline Saintil	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
David J Orfao	director	C/O GENERAL CATALYST PARTNERS, 20 UNIVERSITY RD., 4TH FLOOR, CAMBRIDGE MA 02138