Data443 Risk Mitigation (Data443 Risk Mitigation) Accounts Receivable : $0.16 Mil (As of Mar. 2024)

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What is Data443 Risk Mitigation Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Data443 Risk Mitigation's accounts receivables for the quarter that ended in Mar. 2024 was $0.16 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Data443 Risk Mitigation's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Data443 Risk Mitigation's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-56.72.

Data443 Risk Mitigation Accounts Receivable Historical Data

The historical data trend for Data443 Risk Mitigation'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.

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Data443 Risk Mitigation Accounts Receivable Chart

Data443 Risk Mitigation Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.06

0.14

0.02

0.03

0.31

Data443 Risk Mitigation 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															0.01	-	0.04	0.31	0.16

Data443 Risk Mitigation Accounts Receivable Calculation

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

Data443 Risk Mitigation 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.

Data443 Risk Mitigation's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.164	/	1.511	*	91
=	9.90

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Data443 Risk Mitigation's accounts receivable are only considered to be worth 75% of book value:

Data443 Risk Mitigation'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)
=	(0.005	+	0.75 * 0.164	+	0.5 * 0	-	16.37
-	0	-	0)	/	0.28634
=	-56.72

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.

Data443 Risk Mitigation Accounts Receivable Related Terms

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Data443 Risk Mitigation (Data443 Risk Mitigation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Data443 Risk Mitigation Inc (OTCPK:ATDS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4000 Sancar Drive, P.O. Box 12235, Suite 400, Research Triangle Park, Durham, NC, USA, 27709

Website

https://www.data443.com

Data443 Risk Mitigation Inc is engaged in developing products that enable secure data, at rest and in flight, across local devices, networks, cloud, and databases. The company derives revenue primarily from contracts for subscription to access the SaaS platforms and, ancillary services provided in connection with subscription services. Its product portfolio comprises of ClassiDocs, WordPress GDPR Framework, ARALOC platform, ArcMail, Data443 Virtual Data Protection Officer program, and Privacy Manager.

Executives

Greg Mccraw	officer: Vice President and CFO	4000 PARK DRIVE, SUITE 400, RESEARCH TRIANGLE NC 27709
Remillard Jason L M	director, officer: President; CEO; Secretary	101 J. MORRIS COMMONS LANE, SUITE 105, MORRISVILLE NC 27560