Abingdon Health (Abingdon Health) Change In Receivables : $-0.28 Mil (TTM As of Dec. 2023)

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What is Abingdon Health Change In Receivables?

Abingdon Health's change in receivables for the quarter that ended in Dec. 2023 was $0.19 Mil. It means Abingdon Health's Accounts Receivable declined by $0.19 Mil from Jun. 2023 to Dec. 2023 .

Abingdon Health's change in receivables for the fiscal year that ended in Jun. 2023 was $8.39 Mil. It means Abingdon Health's Accounts Receivable declined by $8.39 Mil from Jun. 2022 to Jun. 2023 .

Abingdon Health's Accounts Receivable for the quarter that ended in Dec. 2023 was $1.27 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. Abingdon Health's Days Sales Outstanding for the six months ended in Dec. 2023 was 75.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Abingdon Health's liquidation value for the six months ended in Dec. 2023 was $-0.07 Mil.

Abingdon Health Change In Receivables Historical Data

The historical data trend for Abingdon Health'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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Abingdon Health Change In Receivables Chart

Abingdon Health Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.58

-1.40

-11.37

2.63

8.39

Abingdon Health Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					0.51	2.15	8.55	-0.47	0.19

Abingdon Health 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 semi-annually data reported by the company within the most recent 12 months, which was $-0.28 Mil.

Abingdon Health (OTCPK:ABDXF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.265	/	3.051	*	91
=	75.67

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

Abingdon Health'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)
=	2.529	-	3.808	+	0.75 * 1.265	+	0.5 * 0.52
=	-0.07

Abingdon Health Change In Receivables Related Terms

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Abingdon Health (Abingdon Health) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Abingdon Health PLC (OTCPK:ABDXF) » Definitions » Change In Receivables

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ABDX:UK

Address

York Biotech Campus, Sand Hutton, York, GBR, YO41 1LZ

Website

https://www.abingdonhealth.com

Abingdon Health PLC is a technology-enabled lateral flow diagnostics company. It provides rapid testing solutions to clients in healthcare and other industries. The firm's product ABC-19 is an antibody test for Covid-19 , and also produces tests covering areas such as self-test HIV, equine infection, human fertility, etc. Business operating segments includes; Contract Development comprises development work for third parties. Contract Manufacturing comprises contract development and manufacturing activities. Product Sales comprises the sale of ABC-19, Pocket Diagnostic products, PCRD tests and antibodies for research use. Key revenue comes from Contract Development segment. Geographically it operates and earns revenue from the UK, USA and Canada, Europe and the rest of the world.

Abingdon Health (Abingdon Health) Headlines

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