Beneish M-Score Fraud Detector

Days Sales in Receivables Index (DSRI)

DSRI = (Net Receivables_t / Sales_t) / (Net Receivables_t-1 / Sales_t-1)

Net Receivables Current Year ($):

Sales Current Year ($):

Net Receivables Previous Year ($):

Sales Previous Year ($):

Gross Margin Index (GMI)

GMI = [(Sales_t-1 - COGS_t-1) / Sales_t-1] / [(Sales_t - COGS_t) / Sales_t]

Sales Current Year ($):

Cost of Goods Sold (COGS) Current Year ($):

Sales Previous Year ($):

Cost of Goods Sold (COGS) Previous Year ($):

Asset Quality Index (AQI)

AQI = [1 - (Current Assets_t + PP&E_t + Securities_t) / Total Assets_t] / [1 - (Current Assets_t-1 + PP&E_t-1 + Securities_t-1) / Total Assets_t-1]

Current Assets Current Year ($):

PP&E Current Year ($):

Securities (Long-term Investments) Current Year ($):

Total Assets Current Year ($):

Current Assets Previous Year ($):

PP&E Previous Year ($):

Securities (Long-term Investments) Previous Year ($):

Total Assets Previous Year ($):

Sales Growth Index (SGI)

SGI = Sales_t / Sales_t-1

Sales Current Year ($):

Sales Previous Year ($):

Depreciation Index (DEPI)

DEPI = (Depreciation_t-1 / (PP&E_t-1 + Depreciation_t-1)) / (Depreciation_t / (PP&E_t + Depreciation_t))

Depreciation Current Year ($):

PP&E Current Year ($):

Depreciation Previous Year ($):

PP&E Previous Year ($):

Selling, General & Administrative expenses index (SGAI)

SGAI = (SG&A Expense_t / Sales_t) / (SG&A Expense_t-1 / Sales_t-1)

SG&A Expense Current Year ($):

Sales Current Year ($):

SG&A Expense Previous Year ($):

Sales Previous Year ($):

Leverage Index (LVGI)

LVGI = [(Current Liabilities_t + Total Long Term Debt_t) / Total Assets_t] / [(Current Liabilities_t-1 + Total Long Term Debt_t-1) / Total Assets_t-1]

Current Liabilities Current Year ($):

Total Long Term Debt Current Year ($):

Total Assets Current Year ($):

Current Liabilities Previous Year ($):

Total Long Term Debt Previous Year ($):

Total Assets Previous Year ($):

Total Accruals to Total Assets (TATA)

TATA = (Income from Continuing Operations_t - Cash Flow from Operations_t) / Total Assets_t

Income from Continuing Operations Current Year ($):

Cash Flow from Operations Current Year ($):

Total Assets Current Year ($):

Beneish M-Score Results

Beneish M-Score: