Tesspay (Tesspay) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 2050. Start your Free Trial

What is Tesspay Change In Receivables?

Tesspay's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Tesspay's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Tesspay's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.03 Mil. It means Tesspay's Accounts Receivable increased by $0.03 Mil from Dec. 2022 to Dec. 2023 .

Tesspay's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.27 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. Tesspay's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tesspay's liquidation value for the three months ended in Dec. 2023 was $-6.58 Mil.

Tesspay Change In Receivables Historical Data

The historical data trend for Tesspay'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.

Tesspay Change In Receivables Chart

Tesspay Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.05

0.01

-0.24

-0.03

Tesspay Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Tesspay 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Tesspay (AMEX:TPI) 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.

Tesspay's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.266	/	0.644	*	91
=	37.69

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

Tesspay's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.008	-	6.791	+	0.75 * 0.266	+	0.5 * 0
=	-6.58

Tesspay Change In Receivables Related Terms

Thank you for viewing the detailed overview of Tesspay's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Tesspay (Tesspay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tesspay Inc (AMEX:TPI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

9160 Forum Corporate Parkway, Suite 350, Fort Myers, FL, USA, 33905

Website

https://www.tesspay.io

Tesspay Inc is Fintech Platform company. It has developed a financial technology platform for securing and streamlining financial transactions that utilizes blockchain technology to provide payment assurance and liquidity through a finance supply chain. The Platform makes use of smart contracts, as programmatic representations of the terms of a legal contract between transacting parties, to affect automated financial settlements (account balance computations) to the supply chain participants.

Tesspay (Tesspay) Headlines

No Headlines