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Bridgeline Digital (Bridgeline Digital) Accounts Receivable : $1.25 Mil (As of Dec. 2023)


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What is Bridgeline Digital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bridgeline Digital's accounts receivables for the quarter that ended in Dec. 2023 was $1.25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bridgeline Digital's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 30.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bridgeline Digital's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.32.


Bridgeline Digital Accounts Receivable Historical Data

The historical data trend for Bridgeline Digital'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.

* Premium members only.

Bridgeline Digital Accounts Receivable Chart

Bridgeline Digital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.67 1.37 1.18 1.00

Bridgeline Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.15 1.01 1.00 1.25

Bridgeline Digital Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Bridgeline Digital 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.251/3.755*91
=30.40

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Bridgeline Digital's accounts receivable are only considered to be worth 75% of book value:

Bridgeline Digital's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.409+0.75 * 1.251+0.5 * 0-5.671
-0-0)/10.4176
=-0.32

* 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.


Bridgeline Digital Accounts Receivable Related Terms

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Bridgeline Digital (Bridgeline Digital) Business Description

Traded in Other Exchanges
Address
100 Sylvan Road, Suite G700, Woburn, MA, USA, 01801
Bridgeline Digital Inc is a marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. It helps to maximize the performance of critical websites, intranets, and online stores. The company generates revenue from digital engagement services, subscription, perpetual licenses, maintenance, and hosting. Geographically, it derives a majority of revenue from the United States.
Executives
Roger E. Kahn officer: PRESIDENT AND CEO C/O BRIDGELINE DIGITAL, INC., 80 BLANCHARD ROAD, BURLINGTON MA 01803
Thomas R. Windhausen officer: CFO and Treasurer C/O BRIDGELINE DIGITAL, INC., 100 SYLVAN RD SUITE G700, WOBURN MA 01801
Mark G. Downey officer: Chief Financial Officer 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Seevolution, Inc. 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Carole Ann Tyner officer: CFO 9 ELDERBERRY WAY, WESTFORD MA 01886
Michael Prinn officer: VP Finance and CAO C/O BRIDGELINE DIGITAL, INC., 10 SIXTH ROAD, WOBURN MA 01801
Robert Taglich director 700 NEW YORK AVENUE, HUNTINGTON NY 11743
Michael N Taglich director, 10 percent owner TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791
John C Cavalier director 6 SCHUYLER MEADOWS ROAD, LOUDONVILLE NY 12211
Thomas L Massie director, 10 percent owner, officer: President and CEO 130 NEW BOSTON STREET, WOBURN MA 01801
Joni Kahn director
Westland Ventures, Llc 10 percent owner 354 QUAKER ROAD, PRINCETON NJ 08540
Robert M Hegarty director 18 MORTON ROAD, ARLINGTON MA 02476
Kenneth Galaznik director C/O AMERICAN SCIENCE AND ENGINEERING,INC, 829 MIDDLESEX TURNPIKE, BILLERICA MA 01821
Scott E Landers director C/O MONOTYPE IMAGING INC., 500 UNICORN PARK DRIVE, WOBURN MA 01801