NETSOL Technologies (NETSOL Technologies) Change In Receivables : $-6.93 Mil (TTM As of Dec. 2023)

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What is NETSOL Technologies Change In Receivables?

NETSOL Technologies's change in receivables for the quarter that ended in Dec. 2023 was $-1.65 Mil. It means NETSOL Technologies's Accounts Receivable increased by $1.65 Mil from Sep. 2023 to Dec. 2023 .

NETSOL Technologies's change in receivables for the fiscal year that ended in Jun. 2023 was $-5.35 Mil. It means NETSOL Technologies's Accounts Receivable increased by $5.35 Mil from Jun. 2022 to Jun. 2023 .

NETSOL Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $5.98 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. NETSOL Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NETSOL Technologies's liquidation value for the three months ended in Dec. 2023 was $1.21 Mil.

NETSOL Technologies Change In Receivables Historical Data

The historical data trend for NETSOL 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.

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NETSOL Technologies Change In Receivables Chart

NETSOL Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-13.70

0.85

9.70

-6.94

-5.35

NETSOL Technologies 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															1.92	-4.69	-3.73	3.13	-1.65

NETSOL 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.93 Mil.

NETSOL Technologies (NAS:NTWK) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.976	/	15.238	*	91
=	35.79

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

NETSOL Technologies'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)
=	15.66	-	18.934	+	0.75 * 5.976	+	0.5 * 0
=	1.21

NETSOL Technologies Change In Receivables Related Terms

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NETSOL Technologies (NETSOL Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NETSOL Technologies Inc (NAS:NTWK) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

16000 Ventura Blvd, Suite 770, Encino, CA, USA, 91436

Website

https://www.netsoltech.com

NETSOL Technologies Inc is involved in providing information technology and enterprise software solutions. Its products and services include NFS Ascent, NFS Digital, Leasepak Cloud, Business consultancy, and information security services among others. The firm has North America, Europe, and Asia-Pacific segments, of which the majority of the revenue is derived from Asia-Pacific. It derives revenue from licensing, customization, enhancements, and maintenance of its financial applications. The company promotes and sells its products under the Netsol financial suite.

Executives

Naeem Ghaur	director, 10 percent owner, officer: CEO	23901CALABASAS ROAD, SUITE 2072, CALABASAS CA 91302
Najeeb Ghauri	director, officer: CFO, Chairman	24025, CALABASAS CA 91302
Michael Richard Francis	director	C/O NETSOL TECHNOLOGIES, INC., 16000 VENTURA BLVD., SUITE 770, ENCINO CA 91436
Roger Kent Almond	officer: CFO	C/O NETSOL TECHNOLOGIES, INC., 24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Henry Arnolfo Tolentino	director	C/O NETSOL TECHNOLOGIES, INC., 23975 PARK SORRENTO, STE 250, CALABASAS CA 91302
Malea Farsai	director	23901 CALABASAS ROAD, SUITE 2072, CALABASAS CA 91302
Syed Kausar Kazmi	director	C/O.NETSOL TECHNOLOGIES.INC., 23975 PARK SORRENTO, SUITE 250, CALABASAS CA 91302
Mark Caton	director	P O BO 270052, SAN DIEGO CA 92198
Eugen Beckert	director	24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Shahid Burki	director	11112 STACKHOUSE CT, POTOMAC MD 20854
Mcglasson Patti L W	officer: Secretary	23901 CALABASAS RD STE 2072, CALABASAS CA 91302
Asad Ullah Ghauri	director	24025 PARK SORRENTO, SUITE 410, C/O NETSOL TECHNOLOGIES, INC., CALABASAS CA 91302
Jeffrey M Bilbrey	director	C/O NETSOL TECHNOLOGIES, INC., 24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Salim U Ghauri	director, 10 percent owner, officer: President	24011 VENTURA BLVD #101, CALABASAS CA 91302
Alexander Shakow	director	NETSOL TECHNOLOGIES INC, 23901 CALABASAS ROAD STE 2072, CALABASAS CA 91032