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NorthStar Gaming Holdings (TSXV:BET) Change In Receivables : C$-2.84 Mil (TTM As of Dec. 2023)


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What is NorthStar Gaming Holdings Change In Receivables?

NorthStar Gaming Holdings's change in receivables for the quarter that ended in Dec. 2023 was C$-2.65 Mil. It means NorthStar Gaming Holdings's Accounts Receivable increased by C$2.65 Mil from Sep. 2023 to Dec. 2023 .

NorthStar Gaming Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was C$-2.84 Mil. It means NorthStar Gaming Holdings's Accounts Receivable increased by C$2.84 Mil from Jun. 2022 to Dec. 2023 .

NorthStar Gaming Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was C$1.55 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. NorthStar Gaming Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NorthStar Gaming Holdings's liquidation value for the three months ended in Dec. 2023 was C$-16.09 Mil.

NorthStar Gaming Holdings Change In Receivables Historical Data

The historical data trend for NorthStar Gaming 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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NorthStar Gaming Holdings Change In Receivables Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23
Change In Receivables
- -2.84

NorthStar Gaming Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables - 0.65 -1.37 0.53 -2.65

NorthStar Gaming 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.84 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.

NorthStar Gaming Holdings  (TSXV:BET) 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.

NorthStar Gaming Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.55/6.451*91
=21.92

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

NorthStar Gaming Holdings'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)
=3.91-21.163+0.75 * 1.55+0.5 * 0
=-16.09

* 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.

NorthStar Gaming Holdings Change In Receivables Related Terms

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NorthStar Gaming Holdings (TSXV:BET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NorthStar Gaming Holdings Inc (TSXV:BET) » Definitions » Change In Receivables
Comparable Companies
TSX:EAGR TSX:VRTS XCNQ:VST XCNQ:TIDL XCNQ:GET XCNQ:AIC TSXV:WAGR TSXV:GAME TSXV:BP TSXV:GOOD ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
NSBBF:USA
Address
220 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
Website
https://www.northstargaming.ca
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. This segment's gaming revenue is primarily generated from the proceeds from the Company's online casino and sportsbook.
Executives
Corey Goodman Senior Officer

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