Wise (FRA:6WS) Change In Receivables : €-90 Mil (TTM As of Sep. 2023)

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What is Wise Change In Receivables?

Wise's change in receivables for the quarter that ended in Sep. 2023 was €-93 Mil. It means Wise's Accounts Receivable increased by €93 Mil from Mar. 2023 to Sep. 2023 .

Wise's change in receivables for the fiscal year that ended in Mar. 2023 was €-33 Mil. It means Wise's Accounts Receivable increased by €33 Mil from Mar. 2022 to Mar. 2023 .

Wise's Accounts Receivable for the quarter that ended in Sep. 2023 was €444 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. Wise's Days Sales Outstanding for the six months ended in Sep. 2023 was 98.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wise's liquidation value for the six months ended in Sep. 2023 was €555 Mil.

Wise Change In Receivables Historical Data

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

Wise Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-53.29

39.76

3.73

-40.68

-32.99

Wise Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial				-28.02	-11.96	-36.26	2.95	-93.00

Wise 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-90 Mil.

Wise (FRA:6WS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	444.263	/	822.542	*	91
=	98.57

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

Wise's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15450.411	-	15228.337	+	0.75 * 444.263	+	0.5 * 0
=	555

Wise Change In Receivables Related Terms

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Wise (FRA:6WS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (FRA:6WS) » Definitions » Change In Receivables

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Traded in Other Exchanges

WIZEY:USA WPLCF:USA WISEl:UK WISE:UK 6WS0:Germany

Address

56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ

Website

https://www.wise.com

Wise is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

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