HUBC (Hub Cyber Security) Change In Receivables : $4.42 Mil (TTM As of Jun. 2024)

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What is Hub Cyber Security Change In Receivables?

Hub Cyber Security's change in receivables for the quarter that ended in Jun. 2024 was $0.41 Mil. It means Hub Cyber Security's Accounts Receivable declined by $0.41 Mil from Dec. 2023 to Jun. 2024 .

Hub Cyber Security's change in receivables for the fiscal year that ended in Dec. 2023 was $13.24 Mil. It means Hub Cyber Security's Accounts Receivable declined by $13.24 Mil from Dec. 2022 to Dec. 2023 .

Hub Cyber Security's Accounts Receivable for the quarter that ended in Jun. 2024 was $9.12 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. Hub Cyber Security's Days Sales Outstanding for the six months ended in Jun. 2024 was 105.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hub Cyber Security's liquidation value for the six months ended in Jun. 2024 was $-80.01 Mil.

Hub Cyber Security Change In Receivables Historical Data

The historical data trend for Hub Cyber Security'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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Hub Cyber Security Change In Receivables Chart

Hub Cyber Security Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.08

-0.01

-6.29

-1.45

13.24

Hub Cyber Security Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial						7.82	-9.27	9.23	4.01	0.41

Hub Cyber Security 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 semi-annually data reported by the company within the most recent 12 months, which was $4.42 Mil.

Hub Cyber Security (NAS:HUBC) 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.

Hub Cyber Security's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.118	/	15.708	*	91
=	105.94

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

Hub Cyber Security'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)
=	1.169	-	88.02	+	0.75 * 9.118	+	0.5 * 0
=	-80.01

Hub Cyber Security Change In Receivables Related Terms

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Hub Cyber Security Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hub Cyber Security Ltd (NAS:HUBC) » Definitions » Change In Receivables

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Address

2 Kaplan Street, Tel Aviv, ISR, 6473403

Website

https://www.hubsecurity.com

Hub Cyber Security Ltd is engaged in the development of cyber products, software, quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services. The company has two operating segments: the Product and Technology Segment, and the Professional Services Segment. The majority of its revenue comes from the professional services segment, which provides data and cybersecurity, system security and reliability solutions, as well as related services such as consulting, planning, training, integration, and ongoing servicing of cybersecurity, risk management, system quality, reliability, and security projects, including fully managed corporate cybersecurity services.