Digital Turbine (LTS:0A6A) Change In Receivables : $6.7 Mil (TTM As of Dec. 2023)

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What is Digital Turbine Change In Receivables?

Digital Turbine's change in receivables for the quarter that ended in Dec. 2023 was $-27.8 Mil. It means Digital Turbine's Accounts Receivable increased by $27.8 Mil from Sep. 2023 to Dec. 2023 .

Digital Turbine's change in receivables for the fiscal year that ended in Mar. 2023 was $83.9 Mil. It means Digital Turbine's Accounts Receivable declined by $83.9 Mil from Mar. 2022 to Mar. 2023 .

Digital Turbine's Accounts Receivable for the quarter that ended in Dec. 2023 was $140.7 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. Digital Turbine's Days Sales Outstanding for the three months ended in Dec. 2023 was 89.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Digital Turbine's liquidation value for the three months ended in Dec. 2023 was $-506.5 Mil.

Digital Turbine Change In Receivables Historical Data

The historical data trend for Digital Turbine'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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Digital Turbine Change In Receivables Chart

Digital Turbine Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-6.04

-2.43

-25.38

-73.66

83.89

Digital Turbine 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															22.90	51.08	-24.74	8.10	-27.79

Digital Turbine 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 $6.7 Mil.

Digital Turbine (LTS:0A6A) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	140.668	/	142.634	*	91
=	89.99

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

Digital Turbine'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)
=	48.959	-	660.937	+	0.75 * 140.668	+	0.5 * 0
=	-506.5

Digital Turbine Change In Receivables Related Terms

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Digital Turbine (LTS:0A6A) Business Description

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APPS:USA 4MD:Germany

Address

110 San Antonio Street, Suite 160, Austin, TX, USA, 78701

Website

https://www.digitalturbine.com

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.

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