Sonim Technologies (STU:2W9A) Change In Receivables : €-1.70 Mil (TTM As of Dec. 2023)

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What is Sonim Technologies Change In Receivables?

Sonim Technologies's change in receivables for the quarter that ended in Dec. 2023 was €5.09 Mil. It means Sonim Technologies's Accounts Receivable declined by €5.09 Mil from Sep. 2023 to Dec. 2023 .

Sonim Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was €-1.58 Mil. It means Sonim Technologies's Accounts Receivable increased by €1.58 Mil from Dec. 2022 to Dec. 2023 .

Sonim Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was €23.20 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. Sonim Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 171.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sonim Technologies's liquidation value for the three months ended in Dec. 2023 was €-1.87 Mil.

Sonim Technologies Change In Receivables Historical Data

The historical data trend for Sonim Technologies'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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Sonim Technologies Change In Receivables Chart

Sonim Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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7.87

4.49

-8.25

-11.00

-1.58

Sonim Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-7.11	-1.48	-1.20	-4.12	5.09

Sonim Technologies 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 €-1.70 Mil.

Sonim Technologies (STU:2W9A) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23.204	/	12.315	*	91
=	171.93

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

Sonim Technologies'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)
=	8.617	-	30.88	+	0.75 * 23.204	+	0.5 * 5.976
=	-1.87

Sonim Technologies Change In Receivables Related Terms

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Sonim Technologies (STU:2W9A) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sonim Technologies Inc (STU:2W9A) » Definitions » Change In Receivables

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SONM:USA 2W9A:Germany

Address

4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121

Website

https://www.sonimtech.com

Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. These products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

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