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Boxed (BOXDQ) Change In Receivables : $-5.8 Mil (TTM As of Sep. 2022)


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What is Boxed Change In Receivables?

Boxed's change in receivables for the quarter that ended in Sep. 2022 was $0.7 Mil. It means Boxed's Accounts Receivable declined by $0.7 Mil from Jun. 2022 to Sep. 2022 .

Boxed's change in receivables for the fiscal year that ended in Dec. 2021 was $-9.0 Mil. It means Boxed's Accounts Receivable increased by $9.0 Mil from Dec. 2020 to Dec. 2021 .

Boxed's Accounts Receivable for the quarter that ended in Sep. 2022 was $3.2 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. Boxed's Days Sales Outstanding for the three months ended in Sep. 2022 was 7.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Boxed's liquidation value for the three months ended in Sep. 2022 was $-145.5 Mil.


Boxed Change In Receivables Historical Data

The historical data trend for Boxed'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.

* Premium members only.

Boxed Change In Receivables Chart

Boxed Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Change In Receivables
0.69 -0.16 0.55 -8.98

Boxed Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5.15 -3.49 -2.29 -0.76 0.75

Boxed 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.8 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.


Boxed  (OTCPK:BOXDQ) 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.

Boxed's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.239/41.653*91
=7.10

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

Boxed's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=36.059-189.486+0.75 * 3.239+0.5 * 11.081
=-145.5

* 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.


Boxed Change In Receivables Related Terms

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Boxed (BOXDQ) Business Description

Traded in Other Exchanges
N/A
Address
451 Broadway, Floor 2, New York, NY, USA, 10013
Boxed Inc is an e-commerce platform selling bulk, high-repeat consumables to consumers and businesses. It offers wholesale products such as groceries, snacks, beverages, and household and cleaning products. It operates in two segments: Boxed Retail, which generates the majority revenue; and Boxed Software & Services. Retail segment engages in the sale of consumer products and goods in bulk sizes to consumers and businesses in the continental United States. Software & Services segment relates to its research, development, marketing, and production of our propriety software for sale to third parties.
Executives
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
David Michael Miller officer: Chief Technology Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Alison Weick officer: President, E-Commerce C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Mark Zimowski officer: Chief Financial Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Jared Yaman director, officer: Chief Operating Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Chieh E. Huang director, officer: Chief Executive Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Tsukasa Ojima director C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
David Liu director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Andrew C. Pearson officer: Chief Financial Officer 445 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Yun Jung Choi officer: General Counsel & Secretary C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Veracelle A Vega-hansen officer: Chief People Officer C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Gary S Matthews other: See Remarks 5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Acm Arrt Vii D Llc 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022
Harshul Sanghi director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Moore Emerson S. Ii director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013