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TALK (Talkspace) Accounts Receivable : $9.6 Mil (As of Dec. 2024)


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What is Talkspace Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Talkspace's accounts receivables for the quarter that ended in Dec. 2024 was $9.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Talkspace's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 18.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Talkspace's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $0.61.


Talkspace Accounts Receivable Historical Data

The historical data trend for Talkspace'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.

Talkspace Accounts Receivable Chart

Talkspace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 5.91 5.51 9.64 10.17 9.64

Talkspace Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.17 11.04 11.55 9.60 9.64

Talkspace Accounts Receivable Calculation

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


Talkspace 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.643/48.72*91
=18.06

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

Talkspace's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(117.81+0.75 * 9.643+0.5 * 0-21.282
-0-0)/168.850
=0.61

* 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.


Talkspace Accounts Receivable Related Terms

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Talkspace Business Description

Traded in Other Exchanges
N/A
Address
622 Third Avenue, New York, NY, USA, 10017
Talkspace Inc is a behavioral healthcare company offering access to licensed therapists, psychologists, and psychiatrists through its technology platform. It serves clients including health plans, enterprises, and individual subscribers. Therapists address various mental health conditions, while psychiatrists cater to a higher acuity demographic. Revenue stems from payor and direct-to-enterprise clients, with contracts lasting one to three years. The majority of the Company's operations and revenues are based in the United States.
Executives
Gil Margolin officer: Chief Technology Officer C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Jon R Cohen director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
John Charles Reilly officer: General Counsel and Secretary C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Steven Dziedzic officer: Chief Product Officer C/O TALKSPACE, INC., 2578 BROADWAY #607, NEW YORK NY 10025
Michael E Hansen director C/O TALKSPACE, INC., 2578 BROADWAY #607, NEW YORK NY 10025
Douglas L Braunstein director, officer: President, Chairman HUDSON EXECUTIVE CAPITAL LP, 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Jeffrey Crowe director 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Hudson Executive Capital Lp 10 percent owner C/O CADWALADER, WICKERSHAM & TAFT, LLP, 200 LIBERTY STREET, NEW YORK NY 10281
Erin Boyd officer: Chief Growth Officer C/O TALKSPACE, INC., 2578 BROADWAY #607, NEW YORK NY 10025
Jennifer Fulk officer: Chief Financial Officer C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Oren Frank director, officer: CEO C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Roni Frank director, officer: Head of Clinical Services 28 LEROY STREET, TENAFLY NJ 07670
Samara H. Braunstein officer: Chief Marketing Officer 1030 FIFTH AVENUE, #5E, NEW YORK NY 10028
Madhu Pawar director C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Charles Berg director 48 MONROE TURNPIKE, TRUMBULL CT 06611