Information Services (Information Services) Change In Receivables : $-2.4 Mil (TTM As of Mar. 2024)

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What is Information Services Change In Receivables?

Information Services's change in receivables for the quarter that ended in Mar. 2024 was $-2.1 Mil. It means Information Services's Accounts Receivable increased by $2.1 Mil from Dec. 2023 to Mar. 2024 .

Information Services's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.8 Mil. It means Information Services's Accounts Receivable increased by $1.8 Mil from Dec. 2022 to Dec. 2023 .

Information Services's Accounts Receivable for the quarter that ended in Mar. 2024 was $12.8 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. Information Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Information Services's liquidation value for the three months ended in Mar. 2024 was $-246.6 Mil.

Information Services Change In Receivables Historical Data

The historical data trend for Information Services'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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Information Services Change In Receivables Chart

Information Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.02

-1.17

1.98

0.17

-1.82

Information Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-1.54	-1.23	0.41	0.56	-2.09

Information Services 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.4 Mil.

Information Services (OTCPK:IRMTF) 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.

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 liquidation value, Information Services's accounts receivable are only considered to be worth 75% of book value:

Information Services'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)
=	14.947	-	271.178	+	0.75 * 12.825	+	0.5 * 0
=	-246.6

Information Services Change In Receivables Related Terms

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Information Services (Information Services) Business Description

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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.