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SRM Entertainment's change in receivables for the quarter that ended in Mar. 2024 was $-0.13 Mil. It means SRM Entertainment's Accounts Receivable increased by $0.13 Mil from Dec. 2023 to Mar. 2024 .
SRM Entertainment's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.09 Mil. It means SRM Entertainment's Accounts Receivable increased by $0.09 Mil from Dec. 2022 to Dec. 2023 .
SRM Entertainment's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.84 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. SRM Entertainment's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.74.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SRM Entertainment's liquidation value for the three months ended in Mar. 2024 was $2.37 Mil.
The historical data trend for SRM Entertainment'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.
SRM Entertainment Annual Data | |||||
Trend | Dec22 | Dec23 | |||
Change In Receivables | 0.04 | -0.09 |
SRM Entertainment Quarterly Data | ||||||||
Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Change In Receivables | Get a 7-Day Free Trial | -0.23 | - | - | - | -0.13 |
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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 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.
SRM Entertainment (NAS:SRM) 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.
SRM Entertainment's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 0.835 | / | 1.006 | * | 91 |
= | 75.74 |
2. In Ben Graham's calculation of liquidation value, SRM Entertainment's accounts receivable are only considered to be worth 75% of book value:
SRM Entertainment's liquidation value for the quarter that ended in Mar. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 1.81 | - | 0.362 | + | 0.75 * 0.835 | + | 0.5 * 0.598 |
= | 2.37 |
* 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.
Thank you for viewing the detailed overview of SRM Entertainment's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Hans Haywood | director | 1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477 |
Brian John | director, officer: Secretary | 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426 |
Gary L Herman | director | 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019 |
Douglas O Mckinnon | officer: Chief Financial Officer | 2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108 |
Christopher Melton | director | C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017 |
Richard A Miller | director, officer: Chief Executive Officer | 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426 |
Jupiter Wellness, Inc. | 10 percent owner | 1061 E. INDIANTOWN RD., STE. 110, JUPITER FL 33477 |
Taft Bryan Flittner | officer: President | 1129 WILKINSON STREET, ORLANDO FL 32803 |
Deborah Lynn Mcdaniel-hand | officer: VP of Production Development | 1425 WAKULLA WAY, ORLANDO FL 32839 |
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