Geospace Technologies (Geospace Technologies) Change In Receivables : $9.3 Mil (TTM As of Dec. 2023)

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What is Geospace Technologies Change In Receivables?

Geospace Technologies's change in receivables for the quarter that ended in Dec. 2023 was $8.0 Mil. It means Geospace Technologies's Accounts Receivable declined by $8.0 Mil from Sep. 2023 to Dec. 2023 .

Geospace Technologies's change in receivables for the fiscal year that ended in Sep. 2023 was $-5.6 Mil. It means Geospace Technologies's Accounts Receivable increased by $5.6 Mil from Sep. 2022 to Sep. 2023 .

Geospace Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $42.0 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. Geospace Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 76.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Geospace Technologies's liquidation value for the three months ended in Dec. 2023 was $55.3 Mil.

Geospace Technologies Change In Receivables Historical Data

The historical data trend for Geospace Technologies'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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Geospace Technologies Change In Receivables Chart

Geospace Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-9.16

2.48

-4.02

2.80

-5.56

Geospace Technologies 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															-6.85	-1.51	-2.21	5.00	8.00

Geospace Technologies 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 $9.3 Mil.

Geospace Technologies (NAS:GEOS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	41.969	/	50.032	*	91
=	76.54

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

Geospace Technologies'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)
=	33.958	-	21.076	+	0.75 * 41.969	+	0.5 * 21.839
=	55.3

Geospace Technologies Change In Receivables Related Terms

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Geospace Technologies (Geospace Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Geospace Technologies Corp (NAS:GEOS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

7007 Pinemont Drive, Houston, TX, USA, 77040-6601

Website

https://www.geospace.com

Geospace Technologies Corp is engaged in designing and manufacturing of seismic instruments and non-seismic equipment used in the oil and gas industry. The company has three different segments: oil and gas markets, adjacent markets, and emerging markets. The oil and gas markets segment, which accounts for the majority of the company's revenue, includes traditional exploration products, wireless exploration products, and reservoir characterization products and services. The adjacent markets business is closely tied to the oil and gas markets and includes imaging products and industrial products. The company operates globally across Asia, Canada, Europe, South America and others with more than half of revenue generated within the United States.

Executives

Gary D Owens	director, officer: President & CEO	7007 PINEMONT DRIVE, HOUSTON TX 77040
Walter R. Wheeler	officer: Executive Vice President	7007 PINEMONT DRIVE, HOUSTON TX 77040
Robbin B. Adams	officer: Executive Vice President	7007 PINEMONT DRIVE, HOUSTON TX 77040
Margaret Ashworth	director	6212 PARKHILL DRIVE, ALEXANDRIA VA 22312
Kenneth Asbury	director	1100 N. GLEBE ROAD, ARLINGTON VA 22201
Tina M Langtry	director	3211 CANYON LINKS DRIVE, KATY TX 77450
Thomas L Davis	director	COLORADO SCHOOL OF MINES-DEPT. OF GEOPHY, 1500 ILLINOISE STREET, GOLDEN CO 80401-1887
William H Moody	director	2309 BIRKDALE LANE, KERRVILLE TX 78028
Richard F Miles	director	7007 PINEMONT DRIVE, HOUSTON TX 77040
Robert L. Curda	officer: Chief Financial Officer	7007 PINEMONT, HOUSTON TX 77040
Giesinger Edgar R. Jr.	director	1915 SANDGATE FALLS, HOUSTON TX 77062
Lacey Rice	officer: Vice President	2527 BUFFALO TRAIL, SUGAR LAND TX 77479
Thomas T Mcentire	officer: Chief Financial Officer	7334 N GESSNER ROAD, HOUSTON TX 77040
Michael J Sheen	director, officer: SVP & Chief Technical Officer	7007 PINEMONT DRIVE, HOUSTON TX 77040
Takashi Kanemori	director, 10 percent owner	OYO CORPORATION, 2-6 KUDAN-KITA 4-CHOME, CHIYODA-KU, TOKYO M0 102-0073