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Hills (ASX:HIL) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2022)


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What is Hills Change In Receivables?

Hills's change in receivables for the quarter that ended in Dec. 2022 was A$0.00 Mil. It means Hills's Accounts Receivable stayed the same from Jun. 2022 to Dec. 2022 .

Hills's change in receivables for the fiscal year that ended in Jun. 2022 was A$0.00 Mil. It means Hills's Accounts Receivable stayed the same from Jun. 2021 to Jun. 2022 .

Hills's Accounts Receivable for the quarter that ended in Dec. 2022 was A$10.39 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. Hills's Days Sales Outstanding for the six months ended in Dec. 2022 was 84.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hills's liquidation value for the six months ended in Dec. 2022 was A$-11.78 Mil.


Hills Change In Receivables Historical Data

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

Hills Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Change In Receivables
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Hills Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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Hills 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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.


Hills  (ASX:HIL) 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.

Hills's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.391/22.499*91
=84.29

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

Hills's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.569-23.654+0.75 * 10.391+0.5 * 5.031
=-11.78

* 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.


Hills Change In Receivables Related Terms

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Hills (ASX:HIL) Business Description

Traded in Other Exchanges
N/A
Address
3-29 Birnie Avenue, Unit 1, Building F, Lidcombe, NSW, AUS, 2141
Hills Ltd provides technology products and service solutions. Its segments include Hills Health Solutions and Hills Distribution. Hills Health Solutions is engaged in the design, supply, and installation of health technology solutions, nurse call and patient engagement, and other related solutions including security, Wi-Fi, and telephony into the health and aged care sectors. Hills Distribution is engaged in providing a diverse range of products and solutions to assist customers, support end-users within the Satellite, Security, Surveillance, and IT markets. The company earns the majority of its revenue from the Hills Distribution segment. Geographically, the company operates in Australia and New Zealand.

Hills (ASX:HIL) Headlines

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