Stronghold Digital Mining (Stronghold Digital Mining) Change In Receivables : $3.55 Mil (TTM As of Mar. 2024)

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What is Stronghold Digital Mining Change In Receivables?

Stronghold Digital Mining's change in receivables for the quarter that ended in Mar. 2024 was $-1.45 Mil. It means Stronghold Digital Mining's Accounts Receivable increased by $1.45 Mil from Dec. 2023 to Mar. 2024 .

Stronghold Digital Mining's change in receivables for the fiscal year that ended in Dec. 2023 was $9.89 Mil. It means Stronghold Digital Mining's Accounts Receivable declined by $9.89 Mil from Dec. 2022 to Dec. 2023 .

Stronghold Digital Mining's Accounts Receivable for the quarter that ended in Mar. 2024 was $1.74 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. Stronghold Digital Mining's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Stronghold Digital Mining's liquidation value for the three months ended in Mar. 2024 was $-83.63 Mil.

Stronghold Digital Mining Change In Receivables Historical Data

The historical data trend for Stronghold Digital Mining'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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Stronghold Digital Mining Change In Receivables Chart

Stronghold Digital Mining Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.34

-0.23

-0.87

-8.73

9.89

Stronghold Digital Mining Quarterly Data
	Dec19	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												4.89	3.33	1.69	-0.02	-1.45

Stronghold Digital Mining 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 $3.55 Mil.

Stronghold Digital Mining (NAS:SDIG) 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.

Stronghold Digital Mining's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.739	/	27.522	*	91
=	5.77

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

Stronghold Digital Mining'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)
=	7.538	-	94.514	+	0.75 * 1.739	+	0.5 * 4.086
=	-83.63

Stronghold Digital Mining Change In Receivables Related Terms

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Stronghold Digital Mining (Stronghold Digital Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Stronghold Digital Mining Inc (NAS:SDIG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Madison Avenue, 28th Floor, New York, NY, USA, 10022

Website

https://www.strongholddigitalmining.com

Stronghold Digital Mining Inc is a vertically integrated crypto asset mining company currently focused on mining Bitcoin. The company has two reporting segments; Energy Operations and Cryptocurrency Operations. It generates maximum revenue from the Cryptocurrency Operations segment.

Executives

Gregory A Beard	director, 10 percent owner, officer: Chief Executive Officer	C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
William B. Spence	director, 10 percent owner	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Matthew J. Smith	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Richard J. Shaffer	officer: See Remarks	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Thomas B Doherty	director	411 WAVERLY OAKS RD, WALTHAM MA 02154
Indira Agarwal	director	2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Thomas Pacchia	director	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Sarah James	director	PO BOX 500 71 FORT STREET, GRAND CAYMAN E9 KY11106
Trowbridge Thomas R. Iv	director	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Ricardo Larroude	officer: Chief Financial Officer	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Q Power Llc	10 percent owner	2151 LISBON ROAD, KENNERDELL PA 16374