Speed Commerce (Speed Commerce) Change In Receivables : $8.3 Mil (TTM As of Dec. 2015)

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What is Speed Commerce Change In Receivables?

Speed Commerce's change in receivables for the quarter that ended in Dec. 2015 was $-0.9 Mil. It means Speed Commerce's Accounts Receivable increased by $0.9 Mil from Sep. 2015 to Dec. 2015 .

Speed Commerce's change in receivables for the fiscal year that ended in Mar. 2015 was $5.0 Mil. It means Speed Commerce's Accounts Receivable declined by $5.0 Mil from Mar. 2014 to Mar. 2015 .

Speed Commerce's Accounts Receivable for the quarter that ended in Dec. 2015 was $20.8 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. Speed Commerce's Days Sales Outstanding for the three months ended in Dec. 2015 was 56.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Speed Commerce's liquidation value for the three months ended in Dec. 2015 was $-140.7 Mil.

Speed Commerce Change In Receivables Historical Data

The historical data trend for Speed Commerce'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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Speed Commerce Change In Receivables Chart

Speed Commerce Annual Data

Trend

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Change In Receivables

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4.23

-2.50

-0.28

-3.63

5.02

Speed Commerce Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Change In Receivables	Get a 7-Day Free Trial															-1.93	10.34	-0.19	-0.97	-0.92

Speed Commerce 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.3 Mil.

Speed Commerce (OTCPK:SPDC) 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.

Speed Commerce's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.772	/	33.45	*	91
=	56.67

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

Speed Commerce's liquidation value for the quarter that ended in Dec. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.068	-	161.739	+	0.75 * 20.772	+	0.5 * 0.732
=	-140.7

Speed Commerce Change In Receivables Related Terms

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Speed Commerce (Speed Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Speed Commerce Inc (OTCPK:SPDC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081

Website

http://www.speedcommerce.com

Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.

Executives

Richard Willis	director, officer: President and CEO	7400 49TH AVE. NORTH, NEW HOPE MN 55428
Bradley J. Shisler	director	7400 49TH AVENUE NORTH, NEW HOPE MN 55428
Rebecca Lynn Atchison	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven R Becker	other: Member of a 13(d) 10% Group	5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Becker Drapkin Partners, L.p.	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin	other: Member of a 13(d) 10% Group	10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
David Dalvey	director	C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402