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ShiftPixy (ShiftPixy) Change In Receivables : $1.20 Mil (TTM As of Feb. 2024)


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What is ShiftPixy Change In Receivables?

ShiftPixy's change in receivables for the quarter that ended in Feb. 2024 was $0.60 Mil. It means ShiftPixy's Accounts Receivable declined by $0.60 Mil from Nov. 2023 to Feb. 2024 .

ShiftPixy's change in receivables for the fiscal year that ended in Aug. 2023 was $-0.18 Mil. It means ShiftPixy's Accounts Receivable increased by $0.18 Mil from Aug. 2022 to Aug. 2023 .

ShiftPixy's Accounts Receivable for the quarter that ended in Feb. 2024 was $0.64 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. ShiftPixy's Days Sales Outstanding for the three months ended in Feb. 2024 was 15.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ShiftPixy's liquidation value for the three months ended in Feb. 2024 was $-62.98 Mil.


ShiftPixy Change In Receivables Historical Data

The historical data trend for ShiftPixy'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.

ShiftPixy Change In Receivables Chart

ShiftPixy Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -0.88 -1.11 -0.67 0.86 -0.18

ShiftPixy Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.03 0.32 0.03 0.24 0.60

ShiftPixy 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.20 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.


ShiftPixy  (NAS:PIXY) 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.

ShiftPixy's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.644/3.813*91
=15.41

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

ShiftPixy's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.021-63.488+0.75 * 0.644+0.5 * 0
=-62.98

* 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.


ShiftPixy Change In Receivables Related Terms

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ShiftPixy (ShiftPixy) Business Description

Traded in Other Exchanges
N/A
Address
4101 NW 25th Street, Miami, FL, USA, 33131
ShiftPixy Inc provides a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and connect with a ready-for-hire workforce. ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing economy. Geographically it operates in California and Washington and drives key revenue from Californian religion. Its primary operating business metric is gross billings, consisting of the clients' fully burdened payroll costs.
Executives
Douglas Beck officer: Chief Financial Officer C/O IBIO, INC., 9 INNOVATION WAY, SUITE 100, NEWARK DE 19711
Kenneth Weir Weaver director 901 RIVERSIDE DRIVE, OLD HICKORY TN 37138
Manuel Rivera officer: Treasurer and Acting CFO C/O SHIFTPIXY, INC., 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Domonic J. Carney officer: Chief Financial Officer 9400 TOLEDO WAY, IRVINE CA 92618
Robert S. Gans officer: Secretary & Corporate Counsel C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Scott W Absher director, 10 percent owner, officer: Chief Executive Officer 4101 NW 25TH STREET, MIAMI FL 33142
Amanda Murphy director C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Christopher Sebes director 1 VENTURE, SUITE 150, IRVINE CA 92618
John Stephen Holmes 10 percent owner 1 VENTURE, SUITE 150, IRVINE CA 92618
Kirk M Flagg officer: Chief Compliance Officer 1 VENTURE, SUITE 150, IRVINE CA 92618
Whitney James White director 1991 BROADWAY, APT 26/27C, NEW YORK NY 10023
Sean Christopher Higgins director 42 OAKRIDGE CRES, GUELPH A6 N1L 1J3
Mark A Absher director 18101 VON KARMAN AVE, STE 330, IRVINE CA 96212
Stephen Paul Desantis officer: CFO 1 SCARLET MAPLE DRIVE, LADERA RANCH CA 92694