Tufin Software Technologies (Tufin Software Technologies) Change In Receivables : $-2.5 Mil (TTM As of Jun. 2022)

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What is Tufin Software Technologies Change In Receivables?

Tufin Software Technologies's change in receivables for the quarter that ended in Jun. 2022 was $-2.9 Mil. It means Tufin Software Technologies's Accounts Receivable increased by $2.9 Mil from Mar. 2022 to Jun. 2022 .

Tufin Software Technologies's change in receivables for the fiscal year that ended in Dec. 2021 was $-2.5 Mil. It means Tufin Software Technologies's Accounts Receivable increased by $2.5 Mil from Dec. 2020 to Dec. 2021 .

Tufin Software Technologies's Accounts Receivable for the quarter that ended in Jun. 2022 was $12.9 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. Tufin Software Technologies's Days Sales Outstanding for the three months ended in Jun. 2022 was 39.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tufin Software Technologies's liquidation value for the three months ended in Jun. 2022 was $-22.7 Mil.

Tufin Software Technologies Change In Receivables Historical Data

The historical data trend for Tufin Software 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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Tufin Software Technologies Change In Receivables Chart

Tufin Software Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

-7.35

-3.22

-1.51

-0.45

-2.48

Tufin Software Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Change In Receivables	Get a 7-Day Free Trial														-2.36	-0.73	-8.05	9.14	-2.89

Tufin Software 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.5 Mil.

Tufin Software Technologies (NYSE:TUFN) 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.

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 liquidation value, Tufin Software Technologies's accounts receivable are only considered to be worth 75% of book value:

Tufin Software Technologies's liquidation value for the quarter that ended in Jun. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	78.454	-	110.797	+	0.75 * 12.913	+	0.5 * 0
=	-22.7

Tufin Software Technologies Change In Receivables Related Terms

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Tufin Software Technologies (Tufin Software Technologies) Business Description

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Traded in Other Exchanges

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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.