Information Services (Information Services) Accounts Receivable : $12.8 Mil (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Information Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Information Services's accounts receivables for the quarter that ended in Mar. 2024 was $12.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Information Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 28.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Information Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.60.

Information Services Accounts Receivable Historical Data

The historical data trend for Information Services's Accounts Receivable 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.

Information Services Accounts Receivable Chart

Information Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

9.60

11.12

9.91

10.34

10.89

Information Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															12.48	14.13	13.18	10.89	12.83

Information Services Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Information Services Accounts Receivable 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 receivables are being managed.

Information Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.825	/	41.667	*	91
=	28.09

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Information Services's accounts receivable are only considered to be worth 75% of book value:

Information Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(14.947	+	0.75 * 12.825	+	0.5 * 0	-	271.178
-	0	-	0)	/	18.1276
=	-13.60

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Information Services Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Information Services's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Information Services (Information Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Information Services Corp (OTCPK:IRMTF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ISV:Canada

Address

No. 300, 10 Research Drive, Regina, SK, CAN, S4S 7J7

Website

https://www.company.isc.ca

Information Services Corp is a Canada-based provider of registry and information management services for public data and records. The company has three segments namely Registry Operations, Services and Technology Solutions. The Registries segment involves the provision of registry and information services and solutions to governments and private sector organizations. The Services segment provides products and services that utilize public records and data to provide value to customers in the financial and legal sectors. Technology Solutions provides the development, delivery and support of registry (and related) technology solutions.