GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Harmoney Corp Ltd (ASX:HMY) » Definitions » Change In Receivables

Harmoney (ASX:HMY) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Harmoney Change In Receivables?

Harmoney's change in receivables for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means Harmoney's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Harmoney's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means Harmoney's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Harmoney's Accounts Receivable for the quarter that ended in Dec. 2023 was A$762.3 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. Harmoney's Days Sales Outstanding for the six months ended in Dec. 2023 was 1,987,524.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Harmoney's liquidation value for the six months ended in Dec. 2023 was A$-136.5 Mil.


Harmoney Change In Receivables Historical Data

The historical data trend for Harmoney'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.

Harmoney Change In Receivables Chart

Harmoney Annual Data
Trend Jun21 Jun22 Jun23
Change In Receivables
- - -

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

Harmoney 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$0.0 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.


Harmoney  (ASX:HMY) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=762.338/0.07*91
=1,987,524.07

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

Harmoney'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)
=41.025-749.231+0.75 * 762.338+0.5 * 0
=-136.5

* 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.


Harmoney Change In Receivables Related Terms

Thank you for viewing the detailed overview of Harmoney's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Harmoney (ASX:HMY) Business Description

Traded in Other Exchanges
N/A
Address
110 Customs Street West, Level 3, Auckland, NTL, NZL, 1010
Harmoney Corp Ltd operates in the consumer credit industry. The company provides online direct personal lending services in Australia and New Zealand. It offers personal loans, car loans, wedding loans, holiday loans, education loans, business loans, and home improvement loans.

Harmoney (ASX:HMY) Headlines

From GuruFocus

Do Not Add to Harmony Gold Mining

By Alberto Abaterusso Alberto Abaterusso 11-15-2018

Exor Capital LLP Buys Weatherford International PLC, Valaris, Harmony Gold Mining Co

By GuruFocus Research GuruFocus Editor 11-01-2021

Harmony Gold Posts 1st-Quarter Operating Results

By Alberto Abaterusso Alberto Abaterusso 11-07-2017

Harmony Gold: Undervalued With a Quality Revenue Mix

By Steve Gray Booyens 11-05-2021

Harmony Gold Expects Increase in Fiscal 2018 1st-Quarter Production

By Alberto Abaterusso Alberto Abaterusso 10-12-2017

Harmony Gold Reports Fiscal 2017 Results

By Alberto Abaterusso Alberto Abaterusso 08-18-2017

Harmony Reports Production Results

By Alberto Abaterusso Alberto Abaterusso 11-10-2016