Stran (SWAG) Change In Receivables : $-6.02 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Stran Change In Receivables?

Stran's change in receivables for the quarter that ended in Dec. 2023 was $-3.94 Mil. It means Stran's Accounts Receivable increased by $3.94 Mil from Sep. 2023 to Dec. 2023 .

Stran's change in receivables for the fiscal year that ended in Dec. 2023 was $-6.02 Mil. It means Stran's Accounts Receivable increased by $6.02 Mil from Dec. 2022 to Dec. 2023 .

Stran's Accounts Receivable for the quarter that ended in Dec. 2023 was $20.47 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. Stran's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Stran's liquidation value for the three months ended in Dec. 2023 was $15.07 Mil.

Stran Change In Receivables Historical Data

The historical data trend for Stran'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.

* Premium members only.

Stran Change In Receivables Chart

Stran Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-1.72

-0.42

-3.30

-5.46

-6.02

Stran Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-4.15	2.53	-2.04	-2.57	-3.94

Stran 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 $-6.02 Mil.

Stran (NAS:SWAG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.466	/	23.344	*	91
=	80.00

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

Stran'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)
=	18.453	-	22.052	+	0.75 * 20.466	+	0.5 * 6.639
=	15.07

Stran Change In Receivables Related Terms

Thank you for viewing the detailed overview of Stran's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Stran (SWAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stran & Co Inc (NAS:SWAG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

S9H:Germany

Address

2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171

Website

https://www.stran.com

Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.

Executives

David M. Leuci	officer: Chief Information Officer	2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Ashley Marshall	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Stranberg	director, 10 percent owner, officer: Exec. Chm., Treas. and Sec.	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
John Audibert	officer: VP of Growth and SI	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alan Chippindale	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Shape	director, 10 percent owner, officer: President and CEO	C/O LONG BLOCKCHAIN CORP., 12-1 DUBON COURT, FARMINGDALE NY 11735
David Browner	officer: Interim CFO	C/O STRAN AND COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Sheila Johnshoy	officer: Chief Operating Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Stephen Paradiso	officer: Chief of Staff	C/O STRAN & COMPANY, INC.,, 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Jason Nolley	officer: Chief Technology Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alejandro Tani	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Christopher Rollins	officer: Chief Financial Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Randolph Birney	officer: Executive Vice President	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Travis Mccourt	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171