Open Text (Open Text) Change In Receivables : $33 Mil (TTM As of Dec. 2023)

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What is Open Text Change In Receivables?

Open Text's change in receivables for the quarter that ended in Dec. 2023 was $-116 Mil. It means Open Text's Accounts Receivable increased by $116 Mil from Sep. 2023 to Dec. 2023 .

Open Text's change in receivables for the fiscal year that ended in Jun. 2023 was $95 Mil. It means Open Text's Accounts Receivable declined by $95 Mil from Jun. 2022 to Jun. 2023 .

Open Text's Accounts Receivable for the quarter that ended in Dec. 2023 was $735 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. Open Text's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Open Text's liquidation value for the three months ended in Dec. 2023 was $-10,858 Mil.

Open Text Change In Receivables Historical Data

The historical data trend for Open Text'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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Open Text Change In Receivables Chart

Open Text Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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37.89

44.20

21.62

43.88

95.07

Open Text 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															-95.49	156.42	-16.31	8.74	-115.65

Open Text 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 $33 Mil.

Open Text (NAS:OTEX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	735.346	/	1534.868	*	91
=	43.72

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

Open Text'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)
=	1003.134	-	12412.917	+	0.75 * 735.346	+	0.5 * 0
=	-10,858

Open Text Change In Receivables Related Terms

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Open Text (Open Text) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (NAS:OTEX) » Definitions » Change In Receivables

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Traded in Other Exchanges

OTX:Germany OTX:Germany OTEX:Canada

Address

275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1

Website

https://www.opentext.com

Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). The OpenText Information Management platform and services provide secure and scalable solutions for global enterprises, SMBs, governments, and consumers around the world. It also accelerates transformations with intelligent tools and services. The company is based in Ontario, Canada.