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EZGO Technologies (EZGO Technologies) Change In Receivables : $1.91 Mil (TTM As of Sep. 2023)


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What is EZGO Technologies Change In Receivables?

EZGO Technologies's change in receivables for the quarter that ended in Sep. 2023 was $1.69 Mil. It means EZGO Technologies's Accounts Receivable declined by $1.69 Mil from Mar. 2023 to Sep. 2023 .

EZGO Technologies's change in receivables for the fiscal year that ended in Sep. 2023 was $1.91 Mil. It means EZGO Technologies's Accounts Receivable declined by $1.91 Mil from Sep. 2022 to Sep. 2023 .

EZGO Technologies's Accounts Receivable for the quarter that ended in Sep. 2023 was $4.03 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. EZGO Technologies's Days Sales Outstanding for the six months ended in Sep. 2023 was 68.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EZGO Technologies's liquidation value for the six months ended in Sep. 2023 was $5.95 Mil.


EZGO Technologies Change In Receivables Historical Data

The historical data trend for EZGO Technologies'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.

* Premium members only.

EZGO Technologies Change In Receivables Chart

EZGO Technologies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial -0.88 -5.87 -1.51 -6.71 1.91

EZGO Technologies Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -6.36 -1.68 -5.03 0.22 1.69

EZGO Technologies 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 $1.91 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.


EZGO Technologies  (NAS:EZGO) 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.

EZGO Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.034/10.759*91
=68.43

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

EZGO Technologies'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)
=17.938-15.425+0.75 * 4.034+0.5 * 0.829
=5.95

* 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.


EZGO Technologies Change In Receivables Related Terms

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EZGO Technologies (EZGO Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment.