Hub Cyber Security (Hub Cyber Security) Accounts Receivable : $13.93 Mil (As of Jun. 2023)

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What is Hub Cyber Security Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hub Cyber Security's accounts receivables for the quarter that ended in Jun. 2023 was $13.93 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hub Cyber Security's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 82.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hub Cyber Security's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-8.28.

Hub Cyber Security Accounts Receivable Historical Data

The historical data trend for Hub Cyber Security'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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Hub Cyber Security Accounts Receivable Chart

Hub Cyber Security Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

10.03

25.65

24.06

Hub Cyber Security Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Receivable	Get a 7-Day Free Trial				10.48	25.65	20.58	24.06	13.93

Hub Cyber Security Accounts Receivable Calculation

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

Hub Cyber Security 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.

Hub Cyber Security's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.926	/	30.712	*	91
=	82.75

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

Hub Cyber Security's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=	(2.727	+	0.75 * 13.926	+	0.5 * 0.904	-	91.407
-	0	-	3.5)	/	9.81107
=	-8.28

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.

Hub Cyber Security Accounts Receivable Related Terms

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Hub Cyber Security (Hub Cyber Security) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hub Cyber Security Ltd (NAS:HUBC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Rothschild Boulevard, Tel Aviv, ISR, 6688120

Website

https://www.hubsecurity.com

Hub Cyber Security Ltd is engaged in the development of cyber products, software and quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services.