Maris Tech (Maris Tech) Change In Receivables : $-1.38 Mil (TTM As of Dec. 2023)

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What is Maris Tech Change In Receivables?

Maris Tech's change in receivables for the quarter that ended in Dec. 2023 was $-1.94 Mil. It means Maris Tech's Accounts Receivable increased by $1.94 Mil from Jun. 2023 to Dec. 2023 .

Maris Tech's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.38 Mil. It means Maris Tech's Accounts Receivable increased by $1.38 Mil from Dec. 2022 to Dec. 2023 .

Maris Tech's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.99 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. Maris Tech's Days Sales Outstanding for the six months ended in Dec. 2023 was 153.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maris Tech's liquidation value for the six months ended in Dec. 2023 was $3.98 Mil.

Maris Tech Change In Receivables Historical Data

The historical data trend for Maris Tech'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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Maris Tech Change In Receivables Chart

Maris Tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.09

0.11

-0.44

-1.04

-1.38

Maris Tech Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				0.50	-0.64	-0.40	0.56	-1.94

Maris Tech 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.38 Mil.

Maris Tech (NAS:MTEK) 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.

Maris Tech's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.99	/	3.557	*	91
=	153.41

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

Maris Tech's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.199	-	4.439	+	0.75 * 2.99	+	0.5 * 1.96
=	3.98

Maris Tech Change In Receivables Related Terms

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Maris Tech (Maris Tech) Business Description

Industry

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Traded in Other Exchanges

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Address

2 Yitzhak Modai Street, Rehovot, ISR, 7608804

Website

https://www.maris-tech.com

Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.