BrandShield Systems (LSE:BRSD) Change In Receivables : £-0.47 Mil (TTM As of Jun. 2023)

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What is BrandShield Systems Change In Receivables?

BrandShield Systems's change in receivables for the quarter that ended in Jun. 2023 was £0.49 Mil. It means BrandShield Systems's Accounts Receivable declined by £0.49 Mil from Dec. 2022 to Jun. 2023 .

BrandShield Systems's change in receivables for the fiscal year that ended in Dec. 2022 was £-1.58 Mil. It means BrandShield Systems's Accounts Receivable increased by £1.58 Mil from Dec. 2021 to Dec. 2022 .

BrandShield Systems's Accounts Receivable for the quarter that ended in Jun. 2023 was £1.66 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. BrandShield Systems's Days Sales Outstanding for the six months ended in Jun. 2023 was 86.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BrandShield Systems's liquidation value for the six months ended in Jun. 2023 was £-4.65 Mil.

BrandShield Systems Change In Receivables Historical Data

The historical data trend for BrandShield Systems'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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BrandShield Systems Change In Receivables Chart

BrandShield Systems Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.13

0.17

-0.41

-1.58

BrandShield Systems Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial						-0.37	-0.02	-0.61	-0.96	0.49

BrandShield Systems 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.47 Mil.

BrandShield Systems (LSE:BRSD) 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.

BrandShield Systems's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.657	/	3.501	*	91
=	86.38

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

BrandShield Systems's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.099	-	6.991	+	0.75 * 1.657	+	0.5 * 0
=	-4.65

BrandShield Systems Change In Receivables Related Terms

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BrandShield Systems (LSE:BRSD) Business Description

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Address

Arieh Shenkar 4, Herzliya, ISR, 4672504

Website

https://www.brandshield.com

BrandShield Systems PLC is a brand-oriented digital risk protection company that provides cybersecurity solutions using artificial intelligence and data analysis. The company specializes in monitoring, detecting, and removing online threats such as scams, counterfeit sales, and trademark infringements. The group detects and takes down web fraud, social media impersonation, phishing attacks, cybersquatting, fraud networks, and more. the company provides various services such as online branch protection, trademark infringement, executive impersonation, anti-counterfeiting, anti-phishing, etc.

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