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PARTS iD (PARTS iD) Change In Receivables : $1.7 Mil (TTM As of Sep. 2023)


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What is PARTS iD Change In Receivables?

PARTS iD's change in receivables for the quarter that ended in Sep. 2023 was $0.2 Mil. It means PARTS iD's Accounts Receivable declined by $0.2 Mil from Jun. 2023 to Sep. 2023 .

PARTS iD's change in receivables for the fiscal year that ended in Dec. 2022 was $0.8 Mil. It means PARTS iD's Accounts Receivable declined by $0.8 Mil from Dec. 2021 to Dec. 2022 .

PARTS iD's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.7 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. PARTS iD's Days Sales Outstanding for the three months ended in Sep. 2023 was 4.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PARTS iD's liquidation value for the three months ended in Sep. 2023 was $-52.4 Mil.


PARTS iD Change In Receivables Historical Data

The historical data trend for PARTS iD'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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PARTS iD Change In Receivables Chart

PARTS iD Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Receivables
-0.06 -1.07 0.08 0.83

PARTS iD Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Receivables 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 0.10 1.09 0.42 -0.03 0.21

PARTS iD 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.7 Mil.

* 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.


PARTS iD  (OTCPK:IDICQ) 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.

PARTS iD's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.737/15.711*91
=4.28

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

PARTS iD's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.492-55.026+0.75 * 0.737+0.5 * 1.23
=-52.4

* 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.


PARTS iD Change In Receivables Related Terms

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PARTS iD (PARTS iD) Business Description

Traded in Other Exchanges
N/A
Address
1 Corporate Drive, Suite C, Cranbury, NJ, USA, 08512
PARTS iD Inc is a technology-driven, digital commerce company focused on online retailer of automotive parts, components, and accessories. The product portfolio includes interior products, exterior products, wheels, body parts, audio & electronics, automotive tools, and other related products. The Company provides its product vendors with access to its customer base and e-commerce market.
Executives
Eugene Kovshilovsky officer: Chief Technology Officer C/O PARTS ID, INC., 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Sanjiv Gomes officer: Chief Information Officer 16941 KEEGAN AVENUE, CARSON CA 90746
James Doss officer: Chief Financial Officer 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Kailas Agrawal officer: Chief Financial Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Mark Atwater officer: VP of Vendor Relations 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Antonino Ciappina officer: Chief Executive Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Lev Peker director US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Aditya Jha director 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Pendleton Brian John Jr. officer: See remarks 1308 RACE STREET, SUITE 200, CINCINNATI OH 45202
Edwin Rigaud director 3639 VINEYARD PLACE, CINCINNATI OH 45226
Ajay Roy officer: Chief Operating Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Rahul Petkar director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Roman Gerashenko 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Stanislav Royzenshteyn 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Ann M. Schwister director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512