Eqonex (Eqonex) Change In Receivables : $-0.05 Mil (TTM As of Mar. 2022)

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What is Eqonex Change In Receivables?

Eqonex's change in receivables for the quarter that ended in Mar. 2022 was $0.01 Mil. It means Eqonex's Accounts Receivable declined by $0.01 Mil from Sep. 2021 to Mar. 2022 .

Eqonex's change in receivables for the fiscal year that ended in Mar. 2022 was $-0.05 Mil. It means Eqonex's Accounts Receivable increased by $0.05 Mil from Mar. 2021 to Mar. 2022 .

Eqonex's Accounts Receivable for the quarter that ended in Mar. 2022 was $0.07 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. Eqonex's Days Sales Outstanding for the six months ended in Mar. 2022 was 7.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eqonex's liquidation value for the six months ended in Mar. 2022 was $-48.46 Mil.

Eqonex Change In Receivables Historical Data

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

Eqonex Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Change In Receivables

-1.69

-0.02

0.06

-0.05

Eqonex Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22
Change In Receivables	Get a 7-Day Free Trial			0.16	0.97	-0.91	-0.07	0.01

Eqonex 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Eqonex (OTCPK:EQOSQ) 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.

Eqonex's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.071	/	1.711	*	91
=	7.57

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

Eqonex's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.666	-	57.179	+	0.75 * 0.071	+	0.5 * 0
=	-48.46

Eqonex Change In Receivables Related Terms

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Eqonex (Eqonex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Eqonex Ltd (OTCPK:EQOSQ) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

118 Piccadilly, Mayfair, London, GBR, W1J 7NW

Website

https://www.eqonex.com

Eqonex Ltd is a digital assets financial services company focused on delivering a cryptocurrency and digital assets ecosystem. The company offers services related to Exchange and Trading, Capital Markets, Custody, and Asset Management.