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Freightways Group (Freightways Group) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)


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What is Freightways Group Change In Receivables?

Freightways Group's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Freightways Group's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Freightways Group's change in receivables for the fiscal year that ended in Jun. 2022 was $0.0 Mil. It means Freightways Group's Accounts Receivable stayed the same from Jun. 2021 to Jun. 2022 .

Freightways Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $107.7 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. Freightways Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 50.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Freightways Group's liquidation value for the six months ended in Dec. 2023 was $-475.0 Mil.


Freightways Group Change In Receivables Historical Data

The historical data trend for Freightways 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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Freightways Group Change In Receivables Chart

Freightways Group Annual Data
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Change In Receivables
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Freightways Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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Freightways 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 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.


Freightways Group  (OTCPK:FTWYF) 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.

Freightways Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=107.658/386.243*91
=50.87

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

Freightways Group'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)
=21.213-580.236+0.75 * 107.658+0.5 * 6.568
=-475.0

* 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.


Freightways Group Change In Receivables Related Terms

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Freightways Group (Freightways Group) Business Description

Traded in Other Exchanges
Address
32 Botha Road, Penrose, Auckland, NTL, NZL, DX CX10120
Freightways Ltd is a provider of express package services throughout New Zealand. The company is organized into three reportable segments: Express Package and Business Mail, Information Management and Corporate and others. The Express Package and Business Mail segment cover network courier, point-to-point courier, and postal services. Information management comprises secure paper-based and electronic business information management services. Corporate and other comprises corporate, financing, and property management services. Key revenue is derived from the Express Package and Business Mail divisions.

Freightways Group (Freightways Group) Headlines

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