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mF International (mF International) Change In Receivables : $-0.12 Mil (TTM As of Dec. 2022)


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What is mF International Change In Receivables?

mF International's change in receivables for the quarter that ended in Dec. 2022 was $-0.12 Mil. It means mF International's Accounts Receivable increased by $0.12 Mil from Dec. 2021 to Dec. 2022 .

mF International's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.12 Mil. It means mF International's Accounts Receivable increased by $0.12 Mil from Dec. 2021 to Dec. 2022 .

mF International's Accounts Receivable for the quarter that ended in Dec. 2022 was $0.15 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. mF International's Days Sales Outstanding for the six months ended in Dec. 2022 was 5.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. mF International's liquidation value for the six months ended in Dec. 2022 was $-1.18 Mil.

mF International Change In Receivables Historical Data

The historical data trend for mF International'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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mF International Change In Receivables Chart

mF International Annual Data
Trend Dec21 Dec22
Change In Receivables
-0.06 -0.12

mF International Semi-Annual Data
Dec21 Dec22
Change In Receivables -0.06 -0.12

mF International 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.12 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.

mF International  (NAS:MFI) 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.

mF International's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.146/4.487*91
=5.94

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

mF International's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.804-3.097+0.75 * 0.146+0.5 * 0
=-1.18

* 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.

mF International Change In Receivables Related Terms

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mF International (mF International) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » mF International Ltd (NAS:MFI) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG
Website
https://www.m-finance.com
mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has approximately 20 years of experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.

mF International (mF International) Headlines

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