Axos Financial's change in receivables for the quarter that ended in Dec. 2023 was $20 Mil. It means Axos Financial's Accounts Receivable
declined by $20 Mil
from Sep. 2023 to Dec. 2023 .
Axos Financial's change in receivables for the fiscal year that ended in Jun. 2023 was $43 Mil. It means Axos Financial's Accounts Receivable
declined by $43 Mil
from Jun. 2022 to Jun. 2023 .
Axos Financial's Accounts Receivable for the quarter that ended in Dec. 2023 was $266 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.
Axos Financial's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 69.95.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Axos Financial's liquidation value for the
three
months ended in Dec. 2023 was $-17,538 Mil.
Axos Financial Change In Receivables Historical Data
The historical data trend for Axos Financial'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.
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 $7 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.
Axos Financial (NYSE:AX) 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.
Axos Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Axos Financial Change In Receivables Related Terms
Thank you for viewing the detailed overview of Axos Financial's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Axos Financial (Axos Financial) Business Description
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
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