Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Digital Turbine's accounts receivables for the quarter that ended in Dec. 2023 was $140.7 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Digital Turbine's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 89.99.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Digital Turbine's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.98.
Digital Turbine Accounts Receivable Historical Data
The historical data trend for Digital Turbine's Accounts Receivable 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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Digital Turbine Accounts Receivable 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 receivables are being managed.
Digital Turbine's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Digital Turbine's accounts receivable are only considered to be worth 75% of book value:
Digital Turbine's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
Digital Turbine Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Digital Turbine's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital Turbine (Digital Turbine) Business Description
Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
APPS has been successfully added to your 