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SPTY (Specificity) Change In Receivables : $0.01 Mil (TTM As of Dec. 2023)


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What is Specificity Change In Receivables?

Specificity's change in receivables for the quarter that ended in Dec. 2023 was $0.08 Mil. It means Specificity's Accounts Receivable declined by $0.08 Mil from Sep. 2023 to Dec. 2023 .

Specificity's change in receivables for the fiscal year that ended in Dec. 2023 was $0.01 Mil. It means Specificity's Accounts Receivable declined by $0.01 Mil from Dec. 2022 to Dec. 2023 .

Specificity's Accounts Receivable for the quarter that ended in Dec. 2023 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. Specificity's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Specificity's liquidation value for the three months ended in Dec. 2023 was $-1.72 Mil.


Specificity Change In Receivables Historical Data

The historical data trend for Specificity'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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Specificity Change In Receivables Chart

Specificity Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
- 0.01 -0.01 0.01

Specificity Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 -0.04 -0.03 0.08

Specificity 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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.


Specificity  (OTCPK:SPTY) 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.

Specificity's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.418*91
=0.00

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

Specificity's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.187-1.906+0.75 * 0+0.5 * 0
=-1.72

* 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.


Specificity Change In Receivables Related Terms

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Specificity Business Description

Traded in Other Exchanges
N/A
Address
3850 Deer Drive, Unit 1416, Lakewood Ranch, FL, USA, 34202
Specificity Inc is a full-service digital marketing firm that delivers cutting-edge marketing solutions to business to business clients as well as business to consumer clients. It also implements intuitive ad sequencing, audience ID technology, AI integration, saturation modeling, conversion funneling, CRM integration, traffic resolution, and comprehensive analytics reporting. The company principally generates revenue from its digital marketing solution SPECIFICITY. Its other marketing solutions in different stages of development are; Tradigital Partners, Put-Thru, and Pick Pocket. The company also engages in adhoc marketing services for a fee and includes email marketing, automated marketing, content marketing, and social media content creation among others.
Executives
Jason Allen Wood director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 14213 SUNDIAL PL, LAKEWOOD RANCH FL 34202-5894
Kevin Frisbie director PO BOX 714, LEWISTON ME 04243
William Mark Anderson director, officer: CHIEF OPERATING OFFICER 2215 E 4TH AVE, TAMPA FL 33605-5409