FTCHQ (Farfetch) Change In Receivables: $-26 Mil (TTM As of Jun. 2023)

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FTCHQ Farfetch Ltd FTCHQ
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What is Farfetch Change In Receivables?

Farfetch FTCHQ -90.00% 12 Change In Receivables is $-26 Mil as of Jun. 2023. GuruFocus rates FTCHQ with a GF Score™ of 12/100.

Farfetch's change in receivables for the quarter that ended in Jun. 2023 was $12 Mil. It means Farfetch's Accounts Receivable declined by $12 Mil from Mar. 2023 to Jun. 2023 .

Farfetch's change in receivables for the fiscal year that ended in Dec. 2022 was $-95 Mil. It means Farfetch's Accounts Receivable increased by $95 Mil from Dec. 2021 to Dec. 2022 .

Farfetch's Accounts Receivable for the quarter that ended in Jun. 2023 was $501 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. Farfetch's Days Sales Outstanding for the three months ended in Jun. 2023 was 79.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Farfetch's liquidation value for the three months ended in Jun. 2023 was $-1,844 Mil.

Farfetch  (OTCPK:FTCHQ) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=501.225/572.086*91
=79.95

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

Farfetch'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)
=453.82-2891.783+0.75 * 501.225+0.5 * 436.408
=-1,844

* 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.

Farfetch Change In Receivables Related Terms

Farfetch Change In Receivables Historical Data

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The historical data trend for Farfetch'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.

Farfetch Change In Receivables Chart

Farfetch Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial -72.15 -47.55 -17.29 -151.11 -95.48

Farfetch Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.57 -3.63 -14.30 -20.34 11.91
FTCHQ
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Farfetch Ltd FTCHQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Farfetch 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 quarterly data reported by the company within the most recent 12 months, which was $-26 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-26 Mil mean?
Farfetch (FTCHQ) has a Change In Receivables of $-26 Mil as of Jun. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Farfetch and its competitors.
Is Farfetch's Change In Receivables too high?
Farfetch's current Change In Receivables is $-26 Mil. Overall, Farfetch has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Farfetch's Change In Receivables compare to LQDT and FINR?
Farfetch's Change In Receivables of $-26 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Farfetch and its competitors. Farfetch's current Change In Receivables is $-26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farfetch stock overvalued right now?
Farfetch (FTCHQ) has a current Change In Receivables of $-26 Mil. The current Change In Receivables is $-26 Mil. Farfetch's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Farfetch (FTCHQ), the current Change In Receivables is $-26 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Farfetch Business Description

Address The Bower, 211 Old Street, London, GBR, EC1V 9NR
Farfetch Ltd is an online platform connecting sellers and buyers of personal luxury goods. It was founded in 2008. The company partners with over 1,000 luxury goods sellers to offer their inventory on the platform. When making the retailers' stock available to almost a million active customers, the company charges a cut of over 30% (third-party take rate). The company operates digital marketplace platform Farfetch, Browns stores, acquired branded company New Guard Group and Farfetch solutions, powering e-commerce operations of luxury brands.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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