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Signing Day Sports (Signing Day Sports) Change In Receivables : $-0.00 Mil (TTM As of Sep. 2023)


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What is Signing Day Sports Change In Receivables?

Signing Day Sports's change in receivables for the quarter that ended in Sep. 2023 was $0.01 Mil. It means Signing Day Sports's Accounts Receivable declined by $0.01 Mil from Jun. 2023 to Sep. 2023 .

Signing Day Sports's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.02 Mil. It means Signing Day Sports's Accounts Receivable increased by $0.02 Mil from Dec. 2021 to Dec. 2022 .

Signing Day Sports's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.00 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. Signing Day Sports's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Signing Day Sports's liquidation value for the three months ended in Sep. 2023 was $-13.45 Mil.

Signing Day Sports Change In Receivables Historical Data

The historical data trend for Signing Day Sports'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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Signing Day Sports Change In Receivables Chart

Signing Day Sports Annual Data
Trend Dec21 Dec22
Change In Receivables
-0.01 -0.02

Signing Day Sports Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Receivables Get a 7-Day Free Trial 0.13 -0.02 0.02 -0.01 0.01

Signing Day Sports 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 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.

Signing Day Sports  (AMEX:SGN) 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.

Signing Day Sports's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.055*91
=0.00

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

Signing Day Sports's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.023-13.468+0.75 * 0+0.5 * 0
=-13.45

* 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.

Signing Day Sports Change In Receivables Related Terms

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Signing Day Sports (Signing Day Sports) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Signing Day Sports Inc (AMEX:SGN) » Definitions » Change In Receivables
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Address
8355 East Hartford Road, Suite 100, Scottsdale, AZ, USA, 85255
Website
https://signingdaysports.com
Signing Day Sports Inc is a technology company developing and operating platforms aiming to give significantly more student-athletes the opportunity to go to college and continue playing sports. Its platform Signing Day Sports is a digital ecosystem to help athletes get discovered and recruited by coaches and recruiters across the country. It currently fully supports football and baseball, and it plans to expand the Signing Day Sports platform to include additional sports.