ANDR (Andrea Electronics) Change In Receivables: $0.07 Mil (TTM As of Dec. 2022)

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What is Andrea Electronics Change In Receivables?

Andrea Electronics ANDR Change In Receivables is $0.07 Mil as of Dec. 2022.

Andrea Electronics's change in receivables for the quarter that ended in Dec. 2022 was $0.14 Mil. It means Andrea Electronics's Accounts Receivable declined by $0.14 Mil from Sep. 2022 to Dec. 2022 .

Andrea Electronics's change in receivables for the fiscal year that ended in Dec. 2022 was $0.07 Mil. It means Andrea Electronics's Accounts Receivable declined by $0.07 Mil from Dec. 2021 to Dec. 2022 .

Andrea Electronics's Accounts Receivable for the quarter that ended in Dec. 2022 was $0.17 Mil.

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 Receivable are being managed. Andrea Electronics's Days Sales Outstanding for the three months ended in Dec. 2022 was 60.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Andrea Electronics's liquidation value for the three months ended in Dec. 2022 was $-3.00 Mil.

Andrea Electronics  (OTCPK:ANDR) Change In Receivables 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 Receivable are being managed.

Andrea Electronics's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.166/0.252*91
=60.11

2. In Ben Graham's calculation of liquidation value, Andrea Electronics's accounts receivable are only considered to be worth 75% of book value:

Andrea Electronics's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.056-3.327+0.75 * 0.166+0.5 * 0.284
=-3.00

* 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.

Andrea Electronics Change In Receivables Related Terms

Andrea Electronics Change In Receivables Historical Data

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The historical data trend for Andrea Electronics's Change In Receivables 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.

Andrea Electronics Change In Receivables Chart

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 0.04 0.20 -0.05 0.07

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Change In Receivables 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 0.05 0.00 -0.31 0.24 0.14

Andrea Electronics Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.07 Mil mean?
Andrea Electronics (ANDR) has a Change In Receivables of $0.07 Mil as of Dec. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Andrea Electronics and its competitors.
Is Andrea Electronics' Change In Receivables too high?
Andrea Electronics' current Change In Receivables is $0.07 Mil.
How does Andrea Electronics' Change In Receivables compare to GAXY and TKLS?
Andrea Electronics' Change In Receivables of $0.07 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Hardware company?
A good Change In Receivables depends on the Hardware industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Andrea Electronics and its competitors. Andrea Electronics's current Change In Receivables is $0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andrea Electronics stock overvalued right now?
Andrea Electronics (ANDR) has a current Change In Receivables of $0.07 Mil. The current Change In Receivables is $0.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Andrea Electronics (ANDR), the current Change In Receivables is $0.07 Mil as of Dec. 2022. 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.

Andrea Electronics Business Description

Address 620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.