FRHC (Freedom Holding) Change In Receivables : $-622 Mil (TTM As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Freedom Holding Change In Receivables?

Freedom Holding's change in receivables for the quarter that ended in Sep. 2024 was $-402 Mil. It means Freedom Holding's Accounts Receivable increased by $402 Mil from Jun. 2024 to Sep. 2024 .

Freedom Holding's change in receivables for the fiscal year that ended in Mar. 2024 was $-1,273 Mil. It means Freedom Holding's Accounts Receivable increased by $1,273 Mil from Mar. 2023 to Mar. 2024 .

Freedom Holding's Accounts Receivable for the quarter that ended in Sep. 2024 was $1,638 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. Freedom Holding's Days Sales Outstanding for the three months ended in Sep. 2024 was 294.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Freedom Holding's liquidation value for the three months ended in Sep. 2024 was $-1,869 Mil.

Freedom Holding Change In Receivables Historical Data

The historical data trend for Freedom Holding'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.

* Premium members only.

Freedom Holding Change In Receivables Chart

Freedom Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

-16.95

20.97

-103.76

-253.30

-1,272.65

Freedom Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-508.43	51.15	-670.46	399.99	-402.49

Freedom Holding 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-622 Mil.

Freedom Holding (NAS:FRHC) 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.

Freedom Holding's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1638.403	/	506.906	*	91
=	294.93

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

Freedom Holding's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4454.877	-	7553.019	+	0.75 * 1638.403	+	0.5 * 0
=	-1,869

Freedom Holding Change In Receivables Related Terms

Thank you for viewing the detailed overview of Freedom Holding's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Freedom Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Freedom Holding Corp (NAS:FRHC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

FRHC_KZ:Kazakhstan DMW2:Germany DMW2:Germany

Address

No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040

Website

https://www.freedomholdingcorp.com

Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.

Executives

Robert Wotczak	officer: CEO - Prime Executions	C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 5111 PEGASUS COURT, FREDERICK MD 21704
Renat Tukanov	officer: CHIEF TECHNOLOGY OFFICER	"ESENTIA TOWER" BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Sergey Lukyanov	officer: *See Remarks	ESENTAI TOWER BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Evgeny Ler	officer: Chief Financial Officer	202 DOSTYK AVE, 4TH FLOOR, ALMATY 1P 050051
Liudmila Kiriaku	officer: VP of Compliance until 8/18/23	CHIRSTAKI KRANOU 20 C TOWER 5TH FL, LIMASSOL G4 4041
Boris Cherdabayev	10 percent owner, officer: Chief Operating Officer	C/O POULTON & YORDAN, 324 SOUTH 400 WEST SUITE 250, SALT LAKE CITY UT 84101
Amber Williams	director	324 SOUTH 400 WEST, SUITE 250, SALT LAKE CITY UT 84101
Askar Tashtitov	officer: President	KURMANGAZY ST 31, APT 38, ALMATY 1P 050051
Arkady V Rakhilkin	director	AL-FARABI 17, NURLY TAU 4B, OFFICE 104, ALMATY 1P 050059
Timur R Turlov	director, 10 percent owner, officer: Chief Executive Officer	VLANSKIY PER. 14B, AP. 67, MOSCOW 1Z 101000
Toleush Tolmakov	10 percent owner, officer: Vice President	202 DOSTYK AVE., 4TH FLOOR, ALMATY 1P 050051
Daymon M. Smith	director	352 E. 426 N., ALPINE UT 84004
Anuarbek Baimoldin	officer: Chief Operating Officer	202 DOSTYK AVE. 4TH FLOOR, ALMATY 1P 050051
Jason M Kerr	director	1038 SOUTH 750 EAST, KAYSVILLE UT 84037
Jsc Compass Asset Management	10 percent owner	240V FURMANOVA STREET, ALMATY 1P 050059