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Cipherpoint (Cipherpoint) Accounts Receivable : $0.69 Mil (As of Mar. 2024)


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What is Cipherpoint Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cipherpoint's accounts receivables for the quarter that ended in Mar. 2024 was $0.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cipherpoint's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 57.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cipherpoint's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.05.


Cipherpoint Accounts Receivable Historical Data

The historical data trend for Cipherpoint'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.

Cipherpoint Accounts Receivable Chart

Cipherpoint Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.11 0.34 0.91 0.69

Cipherpoint Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.34 0.33 0.91 0.75 0.69

Cipherpoint Accounts Receivable Calculation

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


Cipherpoint 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.

Cipherpoint's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.686/2.188*91
=57.22

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

Cipherpoint's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.134+0.75 * 0.686+0.5 * 0-3.014
-0-0)/52.043
=-0.05

* 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.


Cipherpoint Accounts Receivable Related Terms

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Cipherpoint (Cipherpoint) Business Description

Traded in Other Exchanges
Address
157 Walker Street, Suite 2.01, North Sydney, Sydney, NSW, AUS, 2000
Excite Technology Services Ltd Formerly Cipherpoint Ltd is a provider of software solutions. It is engaged in the development and commercialization of intellectual property primarily in the field of data security technology. It helps businesses to discover, protect and control sensitive information through platforms. The company serves the defense, education, financial services, government, healthcare, human resources, and legal industries. The group has a business presence in the US, Australasia, the UK, Germany and Singapore.

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