Bio-Techne (BSP:T1CH34) Change In Receivables : R$-14 Mil (TTM As of Mar. 2024)

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What is Bio-Techne Change In Receivables?

Bio-Techne's change in receivables for the quarter that ended in Mar. 2024 was R$-114 Mil. It means Bio-Techne's Accounts Receivable increased by R$114 Mil from Dec. 2023 to Mar. 2024 .

Bio-Techne's change in receivables for the fiscal year that ended in Jun. 2023 was R$-101 Mil. It means Bio-Techne's Accounts Receivable increased by R$101 Mil from Jun. 2022 to Jun. 2023 .

Bio-Techne's Accounts Receivable for the quarter that ended in Mar. 2024 was R$1,135 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. Bio-Techne's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bio-Techne's liquidation value for the three months ended in Mar. 2024 was R$-1,498 Mil.

Bio-Techne Change In Receivables Historical Data

The historical data trend for Bio-Techne'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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Bio-Techne Change In Receivables Chart

Bio-Techne Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-57.84

34.02

-78.19

-290.73

-101.28

Bio-Techne Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-167.72	-0.45	77.04	23.20	-114.26

Bio-Techne 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-14 Mil.

Bio-Techne (BSP:T1CH34) 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.

Bio-Techne's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1134.832	/	1511.011	*	91
=	68.53

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

Bio-Techne's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	723.625	-	3519.698	+	0.75 * 1134.832	+	0.5 * 893.854
=	-1,498

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Bio-Techne (BSP:T1CH34) Business Description

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TECH:USA TE1:Germany

Address

614 McKinley Place N.E., Minneapolis, MN, USA, 55413

Website

https://www.bio-techne.com

Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. The company reports in two segments, protein sciences (75% of revenue), and diagnostics and genomics (25%). The protein-focused segment makes equipment and associated consumables for protein characterization and analysis and sells antibodies for research and clinical purposes. In diagnostics, Bio-Techne provides controls and calibrators for diagnostic manufacturers and has a portfolio of diagnostic oncology assays. The United States accounts for about 55% of revenue, and the firm also has operations in EMEA (20% of sales), the U.K. (5%), and APAC (15%), with the rest of the world accounting for the remaining 5%.

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