Sidus Space (Sidus Space) Change In Receivables : $0.95 Mil (TTM As of Mar. 2024)

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What is Sidus Space Change In Receivables?

Sidus Space's change in receivables for the quarter that ended in Mar. 2024 was $0.42 Mil. It means Sidus Space's Accounts Receivable declined by $0.42 Mil from Dec. 2023 to Mar. 2024 .

Sidus Space's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.23 Mil. It means Sidus Space's Accounts Receivable increased by $0.23 Mil from Dec. 2022 to Dec. 2023 .

Sidus Space's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.82 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. Sidus Space's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sidus Space's liquidation value for the three months ended in Mar. 2024 was $-0.71 Mil.

Sidus Space Change In Receivables Historical Data

The historical data trend for Sidus Space'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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Sidus Space Change In Receivables Chart

Sidus Space Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.15

0.14

-0.24

-0.54

-0.23

Sidus Space Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial											-0.77	0.96	-0.05	-0.38	0.42

Sidus Space 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.95 Mil.

Sidus Space (NAS:SIDU) 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.

Sidus Space's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.823	/	1.05	*	91
=	71.52

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

Sidus Space's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.172	-	8.211	+	0.75 * 0.823	+	0.5 * 1.424
=	-0.71

Sidus Space Change In Receivables Related Terms

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Sidus Space (Sidus Space) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sidus Space Inc (NAS:SIDU) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL, USA, 32953

Website

https://www.sidusspace.com

Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.

Executives

Carol Marlene Craig	director, 10 percent owner, officer: CEO	150 N. SYKES CREEK PKWY, SUITE 200, MERRITT ISLAND FL 32953
Leonardo Riera	director	18688 SEA TURTLE LANE, BOCA RATON FL 33498
Miguel Valero	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32953
Oliver John Cole	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32943
Dana S Kilborne	director	102 WEST BAKER STREET, PLANT CITY FL 33563
Scott J Silverman	officer: Chief Financial Officer	1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134