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ARBB (ARB IOT Group) Change In Receivables : $15.51 Mil (TTM As of Jun. 2024)


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What is ARB IOT Group Change In Receivables?

ARB IOT Group's change in receivables for the quarter that ended in Jun. 2024 was $-3.98 Mil. It means ARB IOT Group's Accounts Receivable increased by $3.98 Mil from Dec. 2023 to Jun. 2024 .

ARB IOT Group's change in receivables for the fiscal year that ended in Jun. 2024 was $15.29 Mil. It means ARB IOT Group's Accounts Receivable declined by $15.29 Mil from Jun. 2023 to Jun. 2024 .

ARB IOT Group's Accounts Receivable for the quarter that ended in Jun. 2024 was $5.91 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. ARB IOT Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 191.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ARB IOT Group's liquidation value for the six months ended in Jun. 2024 was $4.68 Mil.

ARB IOT Group Change In Receivables Historical Data

The historical data trend for ARB IOT Group'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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ARB IOT Group Change In Receivables Chart

ARB IOT Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Change In Receivables
4.47 -15.14 -1.04 15.29

ARB IOT Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables Get a 7-Day Free Trial 2.14 -6.53 5.18 19.49 -3.98

ARB IOT Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $15.51 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.

ARB IOT Group  (NAS:ARBB) 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.

ARB IOT Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.913/5.641*91
=191.30

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

ARB IOT Group's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.121-1.876+0.75 * 5.913+0.5 * 0
=4.68

* 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.

ARB IOT Group Change In Receivables Related Terms

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ARB IOT Group Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
10 Marina Boulevard, Level 39, Financial Centre Tower 2, Marina Bay, SGP, 018983
Website
https://www.arbiotgroup.com
ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT'), Investment holding and others. It earns its maximum profit from the Internet of Things (IoT) segment.