Mogo (MOGO) Change In Receivables

: $-10.09 Mil (TTM As of Sep. 2023)

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Mogo's change in receivables for the quarter that ended in Sep. 2023 was $-5.01 Mil. It means Mogo's Accounts Receivable increased by $5.01 Mil from Jun. 2023 to Sep. 2023 .

Mogo's change in receivables for the fiscal year that ended in Dec. 2022 was $-12.07 Mil. It means Mogo's Accounts Receivable increased by $12.07 Mil from Dec. 2021 to Dec. 2022 .

Mogo's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.00 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. Mogo's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mogo's liquidation value for the three months ended in Sep. 2023 was $-68.96 Mil.

Mogo Change In Receivables Historical Data

The historical data trend for Mogo'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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Mogo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-26.86

-16.86

1.62

-13.35

-12.07

Mogo Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables																-3.11	-1.34	-0.78	-2.97	-5.01

Mogo 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 quarterly data reported by the company within the most recent 12 months, which was $-10.09 Mil.

Mogo (NAS:MOGO) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	11.958	*	91
=	0.00

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

Mogo'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)
=	13.092	-	82.055	+	0.75 * 0	+	0.5 * 0
=	-68.96

Mogo Change In Receivables Related Terms

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Mogo (MOGO) Business Description

Industry

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Traded in Other Exchanges

SGC:Germany MOGO:Canada

Address

2100 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1

Website

https://www.mogo.ca

Mogo Inc is a Canadian-based financial technology company. It offers a finance application to consumers with solutions that help them to control their financial health. At Mogo, users can sign up for a free account and get access to products and solutions that help users to monitor their credit score, protect themselves from identity fraud, control their spending, and borrow responsibly. Some of its products are personal loans, crypto, mortgage, credit score, and others. Mogo is one of the go-to financial applications for Canadians with more than one million members.