STAFQ (Staffing 360 Solutions) Change In Receivables: $1.5 Mil (TTM As of Sep. 2024)

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STAFQ Staffing 360 Solutions Inc STAFQ
12 GF Score
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What is Staffing 360 Solutions Change In Receivables?

Staffing 360 Solutions STAFQ -99.00% 12 Change In Receivables is $1.5 Mil as of Sep. 2024. GuruFocus rates STAFQ with a GF Score™ of 12/100.

Staffing 360 Solutions's change in receivables for the quarter that ended in Sep. 2024 was $0.5 Mil. It means Staffing 360 Solutions's Accounts Receivable declined by $0.5 Mil from Jun. 2024 to Sep. 2024 .

Staffing 360 Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was $3.4 Mil. It means Staffing 360 Solutions's Accounts Receivable declined by $3.4 Mil from Dec. 2022 to Dec. 2023 .

Staffing 360 Solutions's Accounts Receivable for the quarter that ended in Sep. 2024 was $19.5 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. Staffing 360 Solutions's Days Sales Outstanding for the three months ended in Sep. 2024 was 38.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Staffing 360 Solutions's liquidation value for the three months ended in Sep. 2024 was $-60.7 Mil.

Staffing 360 Solutions  (OTCPK:STAFQ) 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.

Staffing 360 Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.527/46.098*91
=38.65

2. In Ben Graham's calculation of liquidation value, Staffing 360 Solutions's accounts receivable are only considered to be worth 75% of book value:

Staffing 360 Solutions'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)
=1.498-76.857+0.75 * 19.527+0.5 * 0
=-60.7

* 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.

Staffing 360 Solutions Change In Receivables Related Terms

Staffing 360 Solutions Change In Receivables Historical Data

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The historical data trend for Staffing 360 Solutions'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.

Staffing 360 Solutions Change In Receivables Chart

Staffing 360 Solutions Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.57 -7.31 -3.77 3.41 3.43

Staffing 360 Solutions 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 3.25 -1.12 -1.16 0.54
STAFQ
12GF Score
Staffing 360 Solutions Inc STAFQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Staffing 360 Solutions 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 $1.5 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 $1.5 Mil mean?
Staffing 360 Solutions (STAFQ) has a Change In Receivables of $1.5 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Staffing 360 Solutions and its competitors.
Is Staffing 360 Solutions' Change In Receivables too high?
Staffing 360 Solutions' current Change In Receivables is $1.5 Mil. Overall, Staffing 360 Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Staffing 360 Solutions' Change In Receivables compare to IPDN and GLXG?
Staffing 360 Solutions' Change In Receivables of $1.5 Mil can be compared against companies in the Business Services 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 a Business Services company?
A good Change In Receivables depends on the Business Services 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 Staffing 360 Solutions and its competitors. Staffing 360 Solutions's current Change In Receivables is $1.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Staffing 360 Solutions stock overvalued right now?
Staffing 360 Solutions (STAFQ) has a current Change In Receivables of $1.5 Mil. The current Change In Receivables is $1.5 Mil. Staffing 360 Solutions' overall GF Score™ is 12/100. 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 Staffing 360 Solutions (STAFQ), the current Change In Receivables is $1.5 Mil as of Sep. 2024. 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.

Staffing 360 Solutions Business Description

Address 757 3rd Avenue, 27th Floor, New York, NY, USA, 10017
Staffing 360 Solutions, Inc. is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space.
12GF Score

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