SOFO (Sonic Foundry) Change In Receivables: $0.80 Mil (TTM As of Sep. 2023)

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SOFO Sonic Foundry Inc SOFO
12 GF Score
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What is Sonic Foundry Change In Receivables?

Sonic Foundry SOFO 12 Change In Receivables is $0.80 Mil as of Sep. 2023. GuruFocus rates SOFO with a GF Score™ of 12/100.

Sonic Foundry's change in receivables for the quarter that ended in Sep. 2023 was $0.57 Mil. It means Sonic Foundry's Accounts Receivable declined by $0.57 Mil from Jun. 2023 to Sep. 2023 .

Sonic Foundry's change in receivables for the fiscal year that ended in Sep. 2023 was $0.80 Mil. It means Sonic Foundry's Accounts Receivable declined by $0.80 Mil from Sep. 2022 to Sep. 2023 .

Sonic Foundry's Accounts Receivable for the quarter that ended in Sep. 2023 was $4.00 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. Sonic Foundry's Days Sales Outstanding for the three months ended in Sep. 2023 was 65.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sonic Foundry's liquidation value for the three months ended in Sep. 2023 was $-21.23 Mil.

Sonic Foundry  (OTCPK:SOFO) 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.

Sonic Foundry's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4/5.575*91
=65.47

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

Sonic Foundry's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.84-26.002+0.75 * 4+0.5 * 1.855
=-21.23

* 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.

Sonic Foundry Change In Receivables Related Terms

Sonic Foundry Change In Receivables Historical Data

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The historical data trend for Sonic Foundry'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.

Sonic Foundry Change In Receivables Chart

Sonic Foundry Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.27 0.82 -0.04 0.80

Sonic Foundry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.14 1.70 -2.18 0.71 0.57
SOFO
12GF Score
Sonic Foundry Inc SOFO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Sonic Foundry 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.80 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 $0.80 Mil mean?
Sonic Foundry (SOFO) has a Change In Receivables of $0.80 Mil as of Sep. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sonic Foundry and its competitors.
Is Sonic Foundry's Change In Receivables too high?
Sonic Foundry's current Change In Receivables is $0.80 Mil. Overall, Sonic Foundry has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sonic Foundry's Change In Receivables compare to EBIXQ and WOWI?
Sonic Foundry's Change In Receivables of $0.80 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Sonic Foundry and its competitors. Sonic Foundry's current Change In Receivables is $0.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonic Foundry stock overvalued right now?
Sonic Foundry (SOFO) has a current Change In Receivables of $0.80 Mil. The current Change In Receivables is $0.80 Mil. Sonic Foundry's overall GF Score™ is 12/100. 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 Sonic Foundry (SOFO), the current Change In Receivables is $0.80 Mil as of Sep. 2023. 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.

Sonic Foundry Business Description

Address 222 W. Washington Avenue, Madison, WI, USA, 53703
Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.
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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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