SoFi Technologies (SoFi Technologies) Change In Receivables : $0.00 Mil (TTM As of Jul. 2020)

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What is SoFi Technologies Change In Receivables?

SoFi Technologies's change in receivables for the quarter that ended in Jul. 2020 was $0.00 Mil. It means SoFi Technologies's Accounts Receivable stayed the same from . 20 to Jul. 2020 .

SoFi Technologies's change in receivables for the fiscal year that ended in . 20 was $0.00 Mil. It means SoFi Technologies's Accounts Receivable stayed the same from . 20 to . 20 .

SoFi Technologies's Accounts Receivable for the quarter that ended in Jul. 2020 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SoFi Technologies's liquidation value for the six months ended in Jul. 2020 was $-0.01 Mil.

SoFi Technologies Change In Receivables Historical Data

The historical data trend for SoFi Technologies'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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SoFi Technologies Change In Receivables Chart

SoFi Technologies Annual Data

Trend

Dec20

Change In Receivables

SoFi Technologies Semi-Annual Data
	Jul20
Change In Receivables	-

SoFi Technologies 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jul. 2020 was $0.00 Mil.

SoFi Technologies (NAS:SOFI) 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.

SoFi Technologies's Days Sales Outstanding for the quarter that ended in Jul. 2020 is calculated as:

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

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

SoFi Technologies's liquidation value for the quarter that ended in Jul. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.1	-	0.11	+	0.75 * 0	+	0.5 * 0
=	-0.01

SoFi Technologies Change In Receivables Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

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Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

https://www.sofi.com

SoFi Technologies Inc helps people achieve financial independence to realize their ambitions. Its products include SoFi Money, SoFi Invest, Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, SoFi Relay, SoFi Protect among others. The company's product gives over two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people.