SONM (Sonim Technologies) Change In Receivables : $10.13 Mil (TTM As of Sep. 2024)

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What is Sonim Technologies Change In Receivables?

Sonim Technologies's change in receivables for the quarter that ended in Sep. 2024 was $2.60 Mil. It means Sonim Technologies's Accounts Receivable declined by $2.60 Mil from Jun. 2024 to Sep. 2024 .

Sonim Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.72 Mil. It means Sonim Technologies's Accounts Receivable increased by $1.72 Mil from Dec. 2022 to Dec. 2023 .

Sonim Technologies's Accounts Receivable for the quarter that ended in Sep. 2024 was $5.24 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. Sonim Technologies's Days Sales Outstanding for the three months ended in Sep. 2024 was 31.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sonim Technologies's liquidation value for the three months ended in Sep. 2024 was $-14.62 Mil.

Sonim Technologies Change In Receivables Historical Data

The historical data trend for Sonim Technologies'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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Sonim Technologies Change In Receivables Chart

Sonim Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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8.75

5.46

-9.32

-11.65

-1.72

Sonim Technologies 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															-4.39	5.55	1.06	0.92	2.60

Sonim Technologies 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 $10.13 Mil.

Sonim Technologies (NAS:SONM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.24	/	15.022	*	91
=	31.83

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

Sonim Technologies'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)
=	9.06	-	33.798	+	0.75 * 5.24	+	0.5 * 12.374
=	-14.62

Sonim Technologies Change In Receivables Related Terms

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Sonim Technologies Business Description

Industry

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Traded in Other Exchanges

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Address

4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121

Website

https://www.sonimtech.com

Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. The products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

Executives

Michael C Mulica	director
Jack Steenstra	director	9208 FOSTORIA CT., SAN DIEGO CA 92127
Jeffrey Wang	director	20051 NORTHWOOD DRIVE, CUPERTINO CA 95014
James S Cassano	director	1200 RIVER ROAD, SUITE 1302, CONSHOHOCKEN PA 19428
Clayton Crolius	officer: Chief Financial Officer	15212 E MELANIE DR., SCOTTSDALE AZ 85262
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Ajp Holding Company, Llc	10 percent owner	2140 S. DUPONT HIGHWAY, CAMDEN DE 19934
Robert L. Tirva	officer: President, CFO and COO	C/O RESONANT INC. 10900 STONELAKE BLVD., SUITE 100, OFFICE 02-130, AUSTIN TX 78759
Jose Carlos Principe	director	5094 NW 58TH ST, GAINESVILLE FL 32653
Hao Peter Liu	officer: Chief Executive Officer	6836 BEE CAVE ROAD, BUILDING 1, SUITE 2, AUSTIN TX 78746
Susan Swenson	director	C/O PALM INC, 5470 GREAT AMERICAN PARKWAY MS12116, SANTA CLARA CA 95052
John Kneuer	director	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Stanley Morgan	10 percent owner	1585 BROADWAY, NEW YORK NY 10036
Brc Partners Opportunity Fund, Lp	10 percent owner	11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Kenneth Dale Naumann	director	6836 BEE CAVE ROAD, BUILDING 1, SUITE 279, AUSTIN TX 78746