HyreCar (HyreCar) Change In Receivables : $-0.02 Mil (TTM As of Sep. 2022)

View and export this data going back to 2018. Start your Free Trial

What is HyreCar Change In Receivables?

HyreCar's change in receivables for the quarter that ended in Sep. 2022 was $0.25 Mil. It means HyreCar's Accounts Receivable declined by $0.25 Mil from Jun. 2022 to Sep. 2022 .

HyreCar's change in receivables for the fiscal year that ended in Dec. 2021 was $-0.10 Mil. It means HyreCar's Accounts Receivable increased by $0.10 Mil from Dec. 2020 to Dec. 2021 .

HyreCar's Accounts Receivable for the quarter that ended in Sep. 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. HyreCar's Days Sales Outstanding for the three months ended in Sep. 2022 was 1.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HyreCar's liquidation value for the three months ended in Sep. 2022 was $-6.19 Mil.

HyreCar Change In Receivables Historical Data

The historical data trend for HyreCar'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.

HyreCar Change In Receivables Chart

HyreCar Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

Get a 7-Day Free Trial

-0.04

-0.12

0.08

-0.03

-0.10

HyreCar Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Receivables	Get a 7-Day Free Trial															-0.05	-0.01	-0.24	-0.01	0.25

HyreCar 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 $-0.02 Mil.

HyreCar (OTCPK:HYREQ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.172	/	10.272	*	91
=	1.53

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

HyreCar'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)
=	9.109	-	15.426	+	0.75 * 0.172	+	0.5 * 0
=	-6.19

HyreCar Change In Receivables Related Terms

Thank you for viewing the detailed overview of HyreCar's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

HyreCar (HyreCar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HyreCar Inc (OTCPK:HYREQ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

915 Wilshire Boulevard, Suite 1950, Los Angeles, CA, USA, 90017

Website

https://www.hyrecar.com

HyreCar Inc is a peer-to-peer car-sharing marketplace that allows car owners to rent their idle cars to ride-sharing service drivers. The company generates its revenue in the form of transaction fees, insurance fee, and from other sources such as referrals, motor vehicle record fees, late rental fees, and other fees charged to drivers in specific situations. It operates in a single segment, which is Rental.

Executives

Vazquez Eduardo Iniguez	officer: Interim CFO	C/O HYRECAR INC. 915 WILSHIRE BLVD., SUITE 1950, LOS ANGELES CA 90017
Brian Allan	officer: President	355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Bock Serge De	officer: Chief Financial Officer	355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Arctis Global Llc	10 percent owner	AM TOWERS, 207 CALLE DEL PARQUE, 7TH FLOOR, SAN JUAN PR 00912-3242
Greg Tatem	officer: Chief Technology Officer	915 WILSHIRE BLVD., SUITE 1950, LOS ANGELES CA 90017
Jayaprakash Vijayan	director	25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Joseph Furnari	director, officer: CEO and CFO	C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Michael Furnari	officer: CBD Officer	C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Grace Wang	director	355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Robert Scott Brogi	officer: Chief Financial Officer	C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Henry Park	officer: Chief Operating Officer	C/O HYRECAR INC., 355 SOUTH GRAND STREET, SUITE 1650, LOS ANGELES CA 90071
Michael Root	director	C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Ken Grimes	officer: Chief Technology Officer	355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Anshu Bansal	director, 10 percent owner	C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Brooke Skinner-ricketts	director	C/O HYRECAR, INC., 355 SOUTH GRAND AVE, SUITE 1650, LOS ANGELES CA 90071