Sylogist (TSX:SYZ) Change In Receivables : C$-1.45 Mil (TTM As of Dec. 2023)

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What is Sylogist Change In Receivables?

Sylogist's change in receivables for the quarter that ended in Dec. 2023 was C$4.31 Mil. It means Sylogist's Accounts Receivable declined by C$4.31 Mil from Sep. 2023 to Dec. 2023 .

Sylogist's change in receivables for the fiscal year that ended in Dec. 2023 was C$-1.45 Mil. It means Sylogist's Accounts Receivable increased by C$1.45 Mil from Sep. 2021 to Dec. 2023 .

Sylogist's Accounts Receivable for the quarter that ended in Dec. 2023 was C$9.52 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. Sylogist's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sylogist's liquidation value for the three months ended in Dec. 2023 was C$-40.11 Mil.

Sylogist Change In Receivables Historical Data

The historical data trend for Sylogist'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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Sylogist Change In Receivables Chart

Sylogist Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec23

Change In Receivables

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-0.09

1.11

-0.98

1.61

-1.45

Sylogist Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.49	-1.41	-1.18	-3.17	4.31

Sylogist 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 C$-1.45 Mil.

Sylogist (TSX:SYZ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.517	/	16.17	*	91
=	53.71

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

Sylogist'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)
=	11.608	-	58.979	+	0.75 * 9.517	+	0.5 * 0.248
=	-40.11

Sylogist Change In Receivables Related Terms

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Sylogist (TSX:SYZ) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Sylogist Ltd (TSX:SYZ) » Definitions » Change In Receivables

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SYZLF:USA

Address

5 Richard Way S.W., Suite 102, Calgary, AB, CAN, T3E 7M8

Website

https://www.sylogist.com

Sylogist Ltd is a software company that provides Enterprise Resource Planning solutions, including fund accounting, grant management, and payroll to public service organizations. The only segment is Public Sector. Its solutions include Serenic Navigator for K-12 Education, Serenic Navigator for Nonprofit Organizations, NaviPayroll, NaviTrak, NaviView, NaviNet, NaviBridge, and others. It receives maximum revenue in the form of cloud subscriptions. Geographically, the company offers its services to the United States of America, Canada, and the United Kingdom region. The majority of the revenue comes from the United States of America.

Executives

Errol Olsen

Director

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