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FAAS (DigiAsia) Change In Receivables : $-14.04 Mil (TTM As of Jun. 2023)


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What is DigiAsia Change In Receivables?

DigiAsia's change in receivables for the quarter that ended in Jun. 2023 was $-18.14 Mil. It means DigiAsia's Accounts Receivable increased by $18.14 Mil from Dec. 2022 to Jun. 2023 .

DigiAsia's change in receivables for the fiscal year that ended in Dec. 2022 was $4.19 Mil. It means DigiAsia's Accounts Receivable declined by $4.19 Mil from Dec. 2021 to Dec. 2022 .

DigiAsia's Accounts Receivable for the quarter that ended in Jun. 2023 was $18.54 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. DigiAsia's Days Sales Outstanding for the six months ended in Jun. 2023 was 95.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. DigiAsia's liquidation value for the six months ended in Jun. 2023 was $-14.02 Mil.

DigiAsia Change In Receivables Historical Data

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

DigiAsia Annual Data
Trend Dec21 Dec22
Change In Receivables
-5.69 4.19

DigiAsia Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Change In Receivables - 0.09 4.10 -18.14

DigiAsia 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 $-14.04 Mil.

* 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.

DigiAsia  (NAS:FAAS) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.541/35.322*91
=95.80

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

DigiAsia'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)
=1.163-29.088+0.75 * 18.541+0.5 * 0
=-14.02

* 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.

DigiAsia Change In Receivables Related Terms

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DigiAsia Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » DigiAsia Corp (NAS:FAAS) » Definitions » Change In Receivables
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Address
One Raffles Place, No. 28-02, Singapore, SGP, 048616
Website
https://www.digiasia.asia
DigiAsia Bios Pte Ltd operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a leading fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.