NICE (NCSYF) Change In Receivables : $-57 Mil (TTM As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is NICE Change In Receivables?

NICE's change in receivables for the quarter that ended in Sep. 2024 was $-41 Mil. It means NICE's Accounts Receivable increased by $41 Mil from Jun. 2024 to Sep. 2024 .

NICE's change in receivables for the fiscal year that ended in Dec. 2023 was $-34 Mil. It means NICE's Accounts Receivable increased by $34 Mil from Dec. 2022 to Dec. 2023 .

NICE's Accounts Receivable for the quarter that ended in Sep. 2024 was $630 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. NICE's Days Sales Outstanding for the three months ended in Sep. 2024 was 83.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NICE's liquidation value for the three months ended in Sep. 2024 was $391 Mil.

NICE Change In Receivables Historical Data

The historical data trend for NICE'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.

NICE Change In Receivables Chart

NICE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-29.86

22.25

-85.78

-129.71

-34.29

NICE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-25.81	-16.57	8.14	-6.71	-41.46

NICE 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-57 Mil.

NICE (OTCPK:NCSYF) 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.

NICE's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	629.85	/	689.963	*	91
=	83.30

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

NICE's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1526.689	-	1608.367	+	0.75 * 629.85	+	0.5 * 0
=	391

NICE Change In Receivables Related Terms

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

NICE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NICE Ltd (OTCPK:NCSYF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

NICE:USA NICE:Israel NSY:Germany NSY:Germany N1IC34:Brazil

Address

13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra\'anana, ISR, 4310602

Website

https://www.nice.com

Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. The company provides data analytics-based solutions through both a cloud platform and on-premises infrastructure. Within customer engagement, Nice's CXone platform delivers solutions focused on contact center software and workforce engagement management, or WEM. Contact center offerings include solutions for digital self-service, customer journey and experience optimization, and compliance. WEM products optimize call center efficiency, leveraging data and AI analytics for call volume forecasting and agent scheduling. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money laundering, and compliance solutions.