SIMPQ (Simply) Change In Receivables: $-0.17 Mil (TTM As of Jan. 2022)

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SIMPQ Simply Inc SIMPQ
16 GF Score
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What is Simply Change In Receivables?

Simply SIMPQ 16 Change In Receivables is $-0.17 Mil as of Jan. 2022. GuruFocus rates SIMPQ with a GF Score™ of 16/100.

Simply's change in receivables for the quarter that ended in Jan. 2022 was $-0.26 Mil. It means Simply's Accounts Receivable increased by $0.26 Mil from Oct. 2021 to Jan. 2022 .

Simply's change in receivables for the fiscal year that ended in Jan. 2022 was $-0.17 Mil. It means Simply's Accounts Receivable increased by $0.17 Mil from Jan. 2021 to Jan. 2022 .

Simply's Accounts Receivable for the quarter that ended in Jan. 2022 was $0.21 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. Simply's Days Sales Outstanding for the three months ended in Jan. 2022 was 0.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Simply's liquidation value for the three months ended in Jan. 2022 was $-30.37 Mil.

Simply  (OTCPK:SIMPQ) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.21/22.485*91
=0.85

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

Simply's liquidation value for the quarter that ended in Jan. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.828-36.403+0.75 * 0.21+0.5 * 8.089
=-30.37

* 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.

Simply Change In Receivables Related Terms

Simply Change In Receivables Historical Data

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The historical data trend for Simply'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.

Simply Change In Receivables Chart

Simply Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan21 Jan22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.72 6.12 -0.17 0.72 -0.17

Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.56 0.14 0.27 -0.32 -0.26
SIMPQ
16GF Score
Simply Inc SIMPQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Simply 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 Jan. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.17 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.17 Mil mean?
Simply (SIMPQ) has a Change In Receivables of $-0.17 Mil as of Jan. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Simply and its competitors.
Is Simply's Change In Receivables too high?
Simply's current Change In Receivables is $-0.17 Mil. Overall, Simply has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Simply's Change In Receivables compare to HGGGQ and ORLY?
Simply's Change In Receivables of $-0.17 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Simply and its competitors. Simply's current Change In Receivables is $-0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simply stock overvalued right now?
Simply (SIMPQ) has a current Change In Receivables of $-0.17 Mil. The current Change In Receivables is $-0.17 Mil. Simply's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Simply (SIMPQ), the current Change In Receivables is $-0.17 Mil as of Jan. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Simply Business Description

Address 10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
16GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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