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SideChannel (SideChannel) Accounts Receivable : $0.91 Mil (As of Mar. 2024)


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What is SideChannel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SideChannel's accounts receivables for the quarter that ended in Mar. 2024 was $0.91 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SideChannel's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 43.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SideChannel's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.00.


SideChannel Accounts Receivable Historical Data

The historical data trend for SideChannel'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.

SideChannel Accounts Receivable Chart

SideChannel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.18 0.61 0.83

SideChannel 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 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 0.90 0.87 0.83 0.87 0.91

SideChannel Accounts Receivable Calculation

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


SideChannel 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.91/1.927*91
=43.09

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

SideChannel'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)
=(0.851+0.75 * 0.91+0.5 * 0-1.062
-0-0)/224.356
=0.00

* 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.


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.


SideChannel Accounts Receivable Related Terms

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SideChannel (SideChannel) Business Description

Traded in Other Exchanges
N/A
Address
146 Main Street, Suite 406, Worcester, MA, USA, 01608
SideChannel Inc is a provider of cybersecurity services and technology to companies; national, state, and local municipalities; and non-profits. The company earns maximum revenue from vCISO Services that capture the revenue, the Chief Information Security Officer services that it provides to its clients on a 'virtual' or outsourced basis.
Executives
Ryan Polk officer: Chief Financial Officer 7635 INTERACTIVE WAY, SUITE 200, INDIANAPOLIS IN 46278
Brian Wayne Haugli director, 10 percent owner, officer: Chief Executive Officer 146 MAIN ST, SUITE #405, WORCESTER MA 01608
Regan Hugh T Jr director C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
Anthony Ambrose director 6645 185TH AVE NE SUITE 100, REDMOND WA 98052
Deborah Kuenzi Macconnel director 146 MAIN ST, SUITE #405, WORCESTER MA 01608
Kevin Robert Powers director 146 MAIN ST, SUITE #405, WORCESTER MA 01608
Nicholas William Hnatiw officer: Chief Technology Officer 6836 BEE CAVE ROAD,, BLDG 1 #279, AUSTIN TX 78746
Sammy Eugene Davis director 6836 BEE CAVE ROAD, BLDG 1 #279, AUSTIN TX 78746
Andrew Borene officer: Chief Executive Officer 825 MAIN STREET, SUITE 100, BUDA TX 78610
Manchester Management Pr, Llc 10 percent owner 3 WEST HILL PLACE, BOSTON MA 02114
Zeynep Young director 825 MAIN ST., SUITE 100, BUDA TX 78610
David Chasteen director 825 MAIN ST, SUITE 100, BUDA TX 78610
Thomas Wiley Wilkinson director 3 COLERIDGE LANE, AUSTIN TX 78746
James E Besser 10 percent owner 3 WEST HILL PLACE, BOSTON MA 02114
Manchester Explorer, L.p. 10 percent owner MANCHESTER MANAGEMENT COMPANY, L.L.C, 3 WEST HILL PLACE, Boston ma 02114