Platinum Asset Management (ASX:PTM) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is Platinum Asset Management Change In Receivables?

Platinum Asset Management's change in receivables for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means Platinum Asset Management's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Platinum Asset Management's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means Platinum Asset Management's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Platinum Asset Management's Accounts Receivable for the quarter that ended in Dec. 2023 was A$20.9 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. Platinum Asset Management's Days Sales Outstanding for the six months ended in Dec. 2023 was 41.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Platinum Asset Management's liquidation value for the six months ended in Dec. 2023 was A$191.3 Mil.

Platinum Asset Management Change In Receivables Historical Data

The historical data trend for Platinum Asset Management'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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Platinum Asset Management Change In Receivables Chart

Platinum Asset Management Annual Data

Trend

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Change In Receivables

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Platinum Asset Management Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Platinum Asset Management 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

Platinum Asset Management (ASX:PTM) 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.

Platinum Asset Management's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.853	/	92.38	*	91
=	41.20

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

Platinum Asset Management's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	208.632	-	33.009	+	0.75 * 20.853	+	0.5 * 0
=	191.3

Platinum Asset Management Change In Receivables Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

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PIJ:Germany

Address

Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.