Cuentas (Cuentas) Change In Receivables : $-1.86 Mil (TTM As of Mar. 2024)

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What is Cuentas Change In Receivables?

Cuentas's change in receivables for the quarter that ended in Mar. 2024 was $-0.77 Mil. It means Cuentas's Accounts Receivable increased by $0.77 Mil from Dec. 2023 to Mar. 2024 .

Cuentas's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.10 Mil. It means Cuentas's Accounts Receivable increased by $1.10 Mil from Dec. 2022 to Dec. 2023 .

Cuentas's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.29 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. Cuentas's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cuentas's liquidation value for the three months ended in Mar. 2024 was $-3.60 Mil.

Cuentas Change In Receivables Historical Data

The historical data trend for Cuentas'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.

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Cuentas Change In Receivables Chart

Cuentas Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.01

0.08

-0.01

-0.59

-1.10

Cuentas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.01	-0.01	-0.63	-0.45	-0.77

Cuentas 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.86 Mil.

Cuentas (OTCPK:CUENW) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.29	/	0.639	*	91
=	41.41

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

Cuentas's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.028	-	3.843	+	0.75 * 0.29	+	0.5 * 0
=	-3.60

Cuentas Change In Receivables Related Terms

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Cuentas (Cuentas) Business Description

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CUEN:USA

Address

235 Lincoln Road, Suite 210, Miami Beach, FL, USA, 33139

Website

https://www.cuentas.com

Cuentas Inc is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked and un-banked Hispanic and Latino population. The company operates in two segments: Telecommunications and General Purpose Reloadable Cards. Its services include mobile banking, online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer-to-peer money transferring, and providing access to bank accounts for customers who previously could not obtain bank accounts. The proprietary Cuentas General Purpose Reloadable (GPR) Card provides holders with a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content.