Plenti Group (ASX:PLT) Change In Receivables : A$0.0 Mil (TTM As of Mar. 2024)

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What is Plenti Group Change In Receivables?

Plenti Group's change in receivables for the quarter that ended in Mar. 2024 was A$0.0 Mil. It means Plenti Group's Accounts Receivable stayed the same from Sep. 2023 to Mar. 2024 .

Plenti Group's change in receivables for the fiscal year that ended in Mar. 2024 was A$0.0 Mil. It means Plenti Group's Accounts Receivable stayed the same from Mar. 2023 to Mar. 2024 .

Plenti Group's Accounts Receivable for the quarter that ended in Mar. 2024 was A$0.1 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. Plenti Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 0.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Plenti Group's liquidation value for the six months ended in Mar. 2024 was A$-2,083.3 Mil.

Plenti Group Change In Receivables Historical Data

The historical data trend for Plenti Group'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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Plenti Group Change In Receivables Chart

Plenti Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Plenti Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Plenti Group 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

Plenti Group (ASX:PLT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.111	/	111.225	*	91
=	0.18

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

Plenti Group'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)
=	148.866	-	2232.282	+	0.75 * 0.111	+	0.5 * 0
=	-2,083.3

Plenti Group Change In Receivables Related Terms

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Plenti Group (ASX:PLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Plenti Group Ltd (ASX:PLT) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

14 Martin Place, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.plenti.com.au

Plenti Group Ltd is a technology-led consumer lending and investment company. The company offers loan products under three verticals namely, Automotive lending provides finance to personal and commercial customers for the purchase of new or used motor vehicles; Renewable energy lending provides finance to Australian households for the purchase and installation of renewable energy products such as solar panels and batteries; and Personal lending provides fixed-term, unsecured, interest-bearing loans used for purposes such as debt consolidation, home improvement, travel expenses, major events, medical expenses, and other purposes.

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