Change Financial (Change Financial) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

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What is Change Financial Change In Receivables?

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

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

Change Financial's Accounts Receivable for the quarter that ended in Dec. 2023 was $1.73 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. Change Financial's Days Sales Outstanding for the six months ended in Dec. 2023 was 71.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Change Financial's liquidation value for the six months ended in Dec. 2023 was $-1.75 Mil.

Change Financial Change In Receivables Historical Data

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

Change Financial Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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Change Financial Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-	-	-	-	-

Change Financial 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 $0.00 Mil.

Change Financial (OTCPK:CNGFF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.734	/	4.403	*	91
=	71.87

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

Change Financial'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)
=	3.152	-	6.207	+	0.75 * 1.734	+	0.5 * 0
=	-1.75

Change Financial Change In Receivables Related Terms

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Change Financial (Change Financial) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Change Financial Ltd (OTCPK:CNGFF) » Definitions » Change In Receivables

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CCA:Australia

Address

82 Eagle Street, Level 11, Brisbane, QLD, AUS, 4000

Website

https://www.changefinancial.com

Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.

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