Smith Micro Software (FRA:SS9) Change In Receivables : €7.43 Mil (TTM As of Jun. 2024)

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What is Smith Micro Software Change In Receivables?

Smith Micro Software's change in receivables for the quarter that ended in Jun. 2024 was €0.44 Mil. It means Smith Micro Software's Accounts Receivable declined by €0.44 Mil from Mar. 2024 to Jun. 2024 .

Smith Micro Software's change in receivables for the fiscal year that ended in Dec. 2023 was €2.37 Mil. It means Smith Micro Software's Accounts Receivable declined by €2.37 Mil from Dec. 2022 to Dec. 2023 .

Smith Micro Software's Accounts Receivable for the quarter that ended in Jun. 2024 was €3.55 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. Smith Micro Software's Days Sales Outstanding for the three months ended in Jun. 2024 was 67.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smith Micro Software's liquidation value for the three months ended in Jun. 2024 was €-1.48 Mil.

Smith Micro Software Change In Receivables Historical Data

The historical data trend for Smith Micro Software'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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Smith Micro Software Change In Receivables Chart

Smith Micro Software Annual Data

Trend

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Dec23

Change In Receivables

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-3.43

-1.04

7.03

0.08

2.37

Smith Micro Software Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-0.64	1.48	2.18	3.32	0.44

Smith Micro Software 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.43 Mil.

Smith Micro Software (FRA:SS9) 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.

Smith Micro Software's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.552	/	4.775	*	91
=	67.88

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

Smith Micro Software's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.228	-	9.373	+	0.75 * 3.552	+	0.5 * 0
=	-1.48

Smith Micro Software Change In Receivables Related Terms

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Smith Micro Software Business Description

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SMSI:USA

Address

5800 Corporate Drive, Pittsburgh, PA, USA, 15237

Website

https://www.smithmicro.com

Smith Micro Software Inc is a provider of software solutions. It develops and markets wireless solutions for wireless service providers, mobile device and chipset manufacturers, and enterprise businesses. It offers multi-platform, modular solutions such as SafePath; CommSuite; and ViewSpot. The company's only reportable segment is Wireless. Its Wireless segment sells to large wireless carriers, cable operators, and OEMs.

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