SPOI (SPO Networks) Accounts Receivable: $0.05 Mil (As of Mar. 2023)

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What is SPO Networks Accounts Receivable?

SPO Networks SPOI -99.67% Accounts Receivable is $0.05 Mil as of Mar. 2023.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SPO Networks's accounts receivables for the quarter that ended in Mar. 2023 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SPO Networks's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 4.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SPO Networks's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-1.32.

SPO Networks 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.

SPO Networks's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.049726/1.074505*91
=4.22

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

SPO Networks's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1.540364+0.75 * 0.049726+0.5 * 3.497764-9.075664
-0.012883-0)/4.372559
=-1.32

* 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.

SPO Networks Accounts Receivable Related Terms

SPO Networks Accounts Receivable Historical Data

* Premium members only.

The historical data trend for SPO Networks'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.

SPO Networks Accounts Receivable Chart

SPO Networks Annual Data
Trend May03 May05 Sep06 Sep07 Dec12 Dec13 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 - - 0.43

SPO Networks Quarterly Data
Jun11 Sep11 Mar12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 0.43 0.49 0.42 0.32 0.05

SPO Networks Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.05 Mil mean?
SPO Networks (SPOI) has a Accounts Receivable of $0.05 Mil as of Mar. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on SPO Networks and its competitors.
Is SPO Networks' Accounts Receivable too high?
SPO Networks' current Accounts Receivable is $0.05 Mil.
How does SPO Networks' Accounts Receivable compare to GKIT and GPVRF?
SPO Networks' Accounts Receivable of $0.05 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Diversified Financial Services company?
A good Accounts Receivable depends on the Diversified Financial Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on SPO Networks and its competitors. SPO Networks's current Accounts Receivable is $0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Networks stock overvalued right now?
SPO Networks (SPOI) has a current Accounts Receivable of $0.05 Mil. The current Accounts Receivable is $0.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For SPO Networks (SPOI), the current Accounts Receivable is $0.05 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SPO Networks Business Description

Address P.O. Box 600, Farmington, AR, USA, 72730
SPO Networks Inc is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing and non-performing bank loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation.