Wiseway Group (ASX:WWG) Change In Receivables : A$0.0 Mil (TTM As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Wiseway Group Change In Receivables?

Wiseway Group's change in receivables for the quarter that ended in Jun. 2024 was A$0.0 Mil. It means Wiseway Group's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Wiseway Group's change in receivables for the fiscal year that ended in Jun. 2024 was A$0.0 Mil. It means Wiseway Group's Accounts Receivable stayed the same from Jun. 2023 to Jun. 2024 .

Wiseway Group's Accounts Receivable for the quarter that ended in Jun. 2024 was A$14.0 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. Wiseway Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 43.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wiseway Group's liquidation value for the six months ended in Jun. 2024 was A$-24.8 Mil.

Wiseway Group Change In Receivables Historical Data

The historical data trend for Wiseway 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.

* Premium members only.

Wiseway Group Change In Receivables Chart

Wiseway Group Annual Data

Trend

Jun18

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Receivables

Get a 7-Day Free Trial

Wiseway Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

Wiseway 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 A$0.0 Mil.

Wiseway Group (ASX:WWG) 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.

Wiseway 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
=	13.987	/	59.109	*	91
=	43.19

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

Wiseway 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)
=	9.488	-	44.898	+	0.75 * 13.987	+	0.5 * 0.149
=	-24.8

Wiseway Group Change In Receivables Related Terms

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

Wiseway Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wiseway Group Ltd (ASX:WWG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

39-43 Warren Avenue, Bankstown, Sydney, NSW, AUS, 2200

Website

https://www.wiseway.com.au

Wiseway Group Ltd operates as a freight forwarding company in Australia. It provides movement and logistics of goods by freight to cater to the needs of those interstate or overseas. Its main source of revenue is from freight forwarding services, which may include general cargo, time-sensitive perishables cargo, and domestic transport services. The dominating revenue is generated from the air freight general cargo services. Geographically, the company derives a majority of its revenue from Australia and New Zealand and the rest from China, Singapore, and the United States of America.

Wiseway Group Headlines

No Headlines