FG Group Holdings (FG Group Holdings) Change In Receivables : $-2.43 Mil (TTM As of Sep. 2023)

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What is FG Group Holdings Change In Receivables?

FG Group Holdings's change in receivables for the quarter that ended in Sep. 2023 was $-0.99 Mil. It means FG Group Holdings's Accounts Receivable increased by $0.99 Mil from Jun. 2023 to Sep. 2023 .

FG Group Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was $-1.61 Mil. It means FG Group Holdings's Accounts Receivable increased by $1.61 Mil from Dec. 2021 to Dec. 2022 .

FG Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was $7.45 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. FG Group Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 61.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FG Group Holdings's liquidation value for the three months ended in Sep. 2023 was $-18.34 Mil.

FG Group Holdings Change In Receivables Historical Data

The historical data trend for FG Group Holdings'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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FG Group Holdings Change In Receivables Chart

FG Group Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-3.54

-0.06

1.47

1.13

-1.61

FG Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															0.69	-1.22	0.61	-0.84	-0.99

FG Group Holdings 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.43 Mil.

FG Group Holdings (AMEX:FGH) 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.

FG Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.453	/	11.094	*	91
=	61.30

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

FG Group Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.472	-	29.198	+	0.75 * 7.453	+	0.5 * 3.597
=	-18.34

FG Group Holdings Change In Receivables Related Terms

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FG Group Holdings (FG Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » FG Group Holdings Inc (AMEX:FGH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

5960 Fairview Road, Suite 275, Charlotte, NC, USA, 28210

Website

https://www.fg.group

FG Group Holdings Inc is a holding company with business operations in the entertainment industry and holdings in public and privately held companies. It manufactures and distributes projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets. It also distributes and supports third-party products, including digital projectors, servers, library management systems, menu boards, and sound systems. It generates majority revenue from Strong Entertainment business segment.

Executives

Fundamental Global Gp, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ballantyne Strong Holdings, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Joseph H Moglia	10 percent owner	AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara	director, 10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Michael C Mitchell	director	C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Swets Larry G Jr	director	105 S. MAPLE ST., ITASCA IL 60143
Fundamental Global Investors, Llc	director, 10 percent owner	136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Todd Robert Major	officer: CFO, Sec. & Treas.	4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Lewis M Johnson	director, 10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Mark D. Roberson	officer: CFO	27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Jack H Jacobs	director	101 OAKS ROAD, MILLINGTON NJ 07946
Stephen L. Schilling	officer: President, CMS	C/O BALLANTYNE STRONG, INC., 13710 FNB PARKWAY, SUITE 400, OMAHA NE 68154
Lance V. Schulz	officer: CFO	C/O BALLANTYNE STRONG, INC., 11422 MIRACLE HILLS DRIVE, SUITE 300, OMAHA NE 68154
Robert J Roschman	director	1759 SE 10TH STREET, FORT LAUDERDALE FL 33316
Ryan M. Burke	officer: SVP & CFO	C/O BALLANTYNE STRONG, INC., 13710 FNB PARKWAY, SUITE 400, OMAHA NE 68154