Starbox Group Holdings (Starbox Group Holdings) Change In Receivables : $-5.13 Mil (TTM As of Sep. 2023)

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What is Starbox Group Holdings Change In Receivables?

Starbox Group Holdings's change in receivables for the quarter that ended in Sep. 2023 was $-2.32 Mil. It means Starbox Group Holdings's Accounts Receivable increased by $2.32 Mil from Mar. 2023 to Sep. 2023 .

Starbox Group Holdings's change in receivables for the fiscal year that ended in Sep. 2023 was $-5.12 Mil. It means Starbox Group Holdings's Accounts Receivable increased by $5.12 Mil from Sep. 2022 to Sep. 2023 .

Starbox Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was $9.41 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. Starbox Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 221.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Starbox Group Holdings's liquidation value for the six months ended in Sep. 2023 was $-2.39 Mil.

Starbox Group Holdings Change In Receivables Historical Data

The historical data trend for Starbox 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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Starbox Group Holdings Change In Receivables Chart

Starbox Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Change In Receivables

-0.28

-1.10

-0.86

-5.12

Starbox Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-1.39	-1.33	0.46	-2.81	-2.32

Starbox 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 semi-annually data reported by the company within the most recent 12 months, which was $-5.13 Mil.

Starbox Group Holdings (NAS:STBX) 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.

Starbox 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
=	9.405	/	7.765	*	91
=	221.04

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

Starbox 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)
=	2.525	-	11.968	+	0.75 * 9.405	+	0.5 * 0
=	-2.39

Starbox Group Holdings Change In Receivables Related Terms

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Starbox Group Holdings (Starbox Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Starbox Group Holdings Ltd (NAS:STBX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.starboxholdings.com

Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of our current operations are located in Malaysia. It operates in three segments: digital advertising services, cash rebate services, and payment solution services.