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Argenica Therapeutics (ASX:AGN) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)


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What is Argenica Therapeutics Change In Receivables?

Argenica Therapeutics's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Argenica Therapeutics's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Argenica Therapeutics's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Argenica Therapeutics's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Argenica Therapeutics's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.14 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Argenica Therapeutics's liquidation value for the six months ended in Dec. 2023 was A$6.51 Mil.


Argenica Therapeutics Change In Receivables Historical Data

The historical data trend for Argenica Therapeutics'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.

* Premium members only.

Argenica Therapeutics Change In Receivables Chart

Argenica Therapeutics Annual Data
Trend Jun21 Jun22 Jun23
Change In Receivables
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Argenica Therapeutics Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial - - - - -

Argenica Therapeutics 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 A$0.00 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.


Argenica Therapeutics  (ASX:AGN) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.141/0*91
=

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

Argenica Therapeutics'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)
=8.428-2.026+0.75 * 0.141+0.5 * 0
=6.51

* 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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Argenica Therapeutics (ASX:AGN) Business Description

Traded in Other Exchanges
N/A
Address
117 Broadway, Unit 4, Nedlands, WA, AUS, 6009
Argenica Therapeutics Ltd is engaged in the development and commercialization of novel drug candidates. Its ARG007 drug improves outcomes in pre-clinical stroke models and is in the process of being verified for its safety and toxicology before commencing Phase 1 clinical trials in humans.

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