InvoCare (ASX:IVC) Change In Receivables : A$0.0 Mil (TTM As of Jun. 2023)

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What is InvoCare Change In Receivables?

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

InvoCare's change in receivables for the fiscal year that ended in Dec. 2022 was A$0.0 Mil. It means InvoCare's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

InvoCare's Accounts Receivable for the quarter that ended in Jun. 2023 was A$66.0 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. InvoCare's Days Sales Outstanding for the six months ended in Jun. 2023 was 46.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. InvoCare's liquidation value for the six months ended in Jun. 2023 was A$-983.5 Mil.

InvoCare Change In Receivables Historical Data

The historical data trend for InvoCare'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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InvoCare Change In Receivables Chart

InvoCare Annual Data

Trend

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Change In Receivables

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InvoCare Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

InvoCare 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

InvoCare (ASX:IVC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	65.993	/	260.496	*	91
=	46.23

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

InvoCare's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	21.914	-	1079.236	+	0.75 * 65.993	+	0.5 * 48.66
=	-983.5

InvoCare Change In Receivables Related Terms

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InvoCare (ASX:IVC) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » InvoCare Ltd (ASX:IVC) » Definitions » Change In Receivables

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Address

40 Mount Street, Level 5, North Sydney, NSW, AUS, 2060

Website

https://www.invocare.com.au

InvoCare is the largest funeral, cemetery, and crematorium operator in Australia and New Zealand. We estimate InvoCare enjoys over a third of revenue share in Australia, and around a fifth in New Zealand, and is the number one player in both countries. Australia contributes the vast majority of consolidated earnings. InvoCare owns a portfolio of over 60 brands, including three flagship national Australian brands: White Lady, Simplicity Funerals, and Value Cremations, and owns and operates 290 funeral homes, along with 16 cemeteries and crematoria.

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