SPMC (Sound Point Meridian Capital) Change In Receivables: $-0.02 Mil (TTM As of Mar. 2026)

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SPMC Sound Point Meridian Capital Inc SPMC
11 GF Score
Price $10.15
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What is Sound Point Meridian Capital Change In Receivables?

Sound Point Meridian Capital SPMC -0.49% 11 Change In Receivables is $-0.02 Mil as of Mar. 2026. GuruFocus rates SPMC with a GF Score™ of 11/100.

Sound Point Meridian Capital's change in receivables for the quarter that ended in Mar. 2026 was $-0.02 Mil. It means Sound Point Meridian Capital's Accounts Receivable increased by $0.02 Mil from Sep. 2025 to Mar. 2026 .

Sound Point Meridian Capital's change in receivables for the fiscal year that ended in Mar. 2026 was $-0.02 Mil. It means Sound Point Meridian Capital's Accounts Receivable increased by $0.02 Mil from Dec. 2023 to Mar. 2026 .

Sound Point Meridian Capital's Accounts Receivable for the quarter that ended in Mar. 2026 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sound Point Meridian Capital's liquidation value for the six months ended in Mar. 2026 was $-170.02 Mil.

Sound Point Meridian Capital  (NYSE:SPMC) 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.

Sound Point Meridian Capital's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-116.593*91
=

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

Sound Point Meridian Capital's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.806-175.829+0.75 * 0+0.5 * 0
=-170.02

* 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.

Sound Point Meridian Capital Change In Receivables Related Terms

Sound Point Meridian Capital Change In Receivables Historical Data

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The historical data trend for Sound Point Meridian Capital'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.

Sound Point Meridian Capital Change In Receivables Chart

Sound Point Meridian Capital Annual Data
Trend Dec23 Mar26
Change In Receivables
-0.07 -0.02

Sound Point Meridian Capital Semi-Annual Data
Dec23 Sep25 Mar26
Change In Receivables 0.00 -0.00 -0.02
SPMC
11GF Score
Sound Point Meridian Capital Inc SPMC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Sound Point Meridian Capital 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
Sound Point Meridian Capital (SPMC) has a Change In Receivables of $-0.02 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sound Point Meridian Capital and its competitors.
Is Sound Point Meridian Capital's Change In Receivables too high?
Sound Point Meridian Capital's current Change In Receivables is $-0.02 Mil. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Change In Receivables compare to DMB and ETX?
Sound Point Meridian Capital's Change In Receivables of $-0.02 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Change In Receivables depends on the Asset Management 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 Sound Point Meridian Capital and its competitors. Sound Point Meridian Capital's current Change In Receivables is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Change In Receivables of $-0.02 Mil. The current Change In Receivables is $-0.02 Mil. Sound Point Meridian Capital's overall GF Score™ is 11/100. 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 Sound Point Meridian Capital (SPMC), the current Change In Receivables is $-0.02 Mil as of Mar. 2026. 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.

Sound Point Meridian Capital Business Description

Address 375 Park Avenue, 34th Floor, New York, NY, USA, 10152
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
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