OTC Markets Group (OTC Markets Group) Change In Receivables : $1.4 Mil (TTM As of Dec. 2023)

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What is OTC Markets Group Change In Receivables?

OTC Markets Group's change in receivables for the quarter that ended in Dec. 2023 was $-0.3 Mil. It means OTC Markets Group's Accounts Receivable increased by $0.3 Mil from Sep. 2023 to Dec. 2023 .

OTC Markets Group's change in receivables for the fiscal year that ended in Dec. 2023 was $1.4 Mil. It means OTC Markets Group's Accounts Receivable declined by $1.4 Mil from Dec. 2022 to Dec. 2023 .

OTC Markets Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $7.7 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. OTC Markets Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 25.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OTC Markets Group's liquidation value for the three months ended in Dec. 2023 was $-14.8 Mil.

OTC Markets Group Change In Receivables Historical Data

The historical data trend for OTC Markets 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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OTC Markets Group Change In Receivables Chart

OTC Markets Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.32

-1.48

-0.85

-1.27

1.44

OTC Markets Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.36	-0.24	1.87	0.07	-0.26

OTC Markets 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 quarterly data reported by the company within the most recent 12 months, which was $1.4 Mil.

OTC Markets Group (OTCPK:OTCM) 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.

OTC Markets 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
=	7.68	/	27.605	*	91
=	25.39

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

OTC Markets 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)
=	37.723	-	58.298	+	0.75 * 7.68	+	0.5 * 0
=	-14.8

OTC Markets Group Change In Receivables Related Terms

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OTC Markets Group (OTC Markets Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OTC Markets Group Inc (OTCPK:OTCM) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

300 Vesey Street, New York, NY, USA, 10282

Website

https://www.otcmarkets.com

OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.