ASOS (ASOMY) Change In Receivables : $-21 Mil (TTM As of Feb. 2024)

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What is ASOS Change In Receivables?

ASOS's change in receivables for the quarter that ended in Feb. 2024 was $-1 Mil. It means ASOS's Accounts Receivable increased by $1 Mil from Aug. 2023 to Feb. 2024 .

ASOS's change in receivables for the fiscal year that ended in Aug. 2023 was $16 Mil. It means ASOS's Accounts Receivable declined by $16 Mil from Aug. 2022 to Aug. 2023 .

ASOS's Accounts Receivable for the quarter that ended in Feb. 2024 was $103 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. ASOS's Days Sales Outstanding for the six months ended in Feb. 2024 was 9.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ASOS's liquidation value for the six months ended in Feb. 2024 was $-1,299 Mil.

ASOS Change In Receivables Historical Data

The historical data trend for ASOS'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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ASOS Change In Receivables Chart

ASOS Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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-36.74

8.54

2.62

-40.96

16.14

ASOS Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-40.87	-4.79	34.78	-20.46	-0.51

ASOS 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-21 Mil.

ASOS (OTCPK:ASOMY) 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.

ASOS's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	103.283	/	1901.263	*	91
=	9.91

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

ASOS's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	409.596	-	2159.848	+	0.75 * 103.283	+	0.5 * 748.106
=	-1,299

ASOS Change In Receivables Related Terms

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ASOS (ASOMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ASOS PLC (OTCPK:ASOMY) » Definitions » Change In Receivables

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Traded in Other Exchanges

ASOMF:USA ASCl:UK ASC.GB:UK ASC:UK DYQ:Germany

Address

Hampstead Road, Greater London House, London, GBR, NW1 7FB

Website

https://www.asosplc.com

Asos is a global e-commerce player focusing on fashion and cosmetics and targeting the youth segment (20-somethings) globally. Of its revenue, 45% comes from its U.K. home market, 30% from other European Union countries, 13% from the United States, 12% from the rest of the world. The company ships to 240 countries from its three warehouses located in the U.K., continental Europe, and the United States. It offers over 85 000 products on its website from third-party brands and its own labels (Asos Design, Collusion).

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