TPT Global Tech (TPT Global Tech) Change In Receivables : $-0.20 Mil (TTM As of Mar. 2024)

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What is TPT Global Tech Change In Receivables?

TPT Global Tech's change in receivables for the quarter that ended in Mar. 2024 was $-0.02 Mil. It means TPT Global Tech's Accounts Receivable increased by $0.02 Mil from Dec. 2023 to Mar. 2024 .

TPT Global Tech's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.02 Mil. It means TPT Global Tech's Accounts Receivable increased by $0.02 Mil from Dec. 2022 to Dec. 2023 .

TPT Global Tech's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.05 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. TPT Global Tech's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TPT Global Tech's liquidation value for the three months ended in Mar. 2024 was $-46.99 Mil.

TPT Global Tech Change In Receivables Historical Data

The historical data trend for TPT Global Tech'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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TPT Global Tech Change In Receivables Chart

TPT Global Tech Annual Data

Trend

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.33

0.25

0.06

-0.09

-0.02

TPT Global Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.16	0.06	-0.28	0.03	-0.02

TPT Global Tech 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 $-0.20 Mil.

TPT Global Tech (OTCPK:TPTW) 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.

TPT Global Tech's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.047	/	0.398	*	91
=	10.78

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

TPT Global Tech'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)
=	0.005	-	47.031	+	0.75 * 0.047	+	0.5 * 0
=	-46.99

TPT Global Tech Change In Receivables Related Terms

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TPT Global Tech (TPT Global Tech) Business Description

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Address

501 West Broadway, Suite 800, San Diego, CA, USA, 92101

Website

https://www.tptglobaltech.com

TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).