iFIT Health & Fitness (iFIT Health & Fitness) Change In Receivables : $0 Mil (TTM As of May. 2020)

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What is iFIT Health & Fitness Change In Receivables?

iFIT Health & Fitness's change in receivables for the quarter that ended in May. 2020 was $0 Mil. It means iFIT Health & Fitness's Accounts Receivable stayed the same from May. 2019 to May. 2020 .

iFIT Health & Fitness's change in receivables for the fiscal year that ended in May. 2021 was $-108 Mil. It means iFIT Health & Fitness's Accounts Receivable increased by $108 Mil from May. 2020 to May. 2021 .

iFIT Health & Fitness's Accounts Receivable for the quarter that ended in May. 2020 was $74 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. iFIT Health & Fitness's liquidation value for the three months ended in May. 2020 was $-347 Mil.

iFIT Health & Fitness Change In Receivables Historical Data

The historical data trend for iFIT Health & Fitness'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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iFIT Health & Fitness Change In Receivables Chart

iFIT Health & Fitness Annual Data

Trend

May19

May20

May21

Change In Receivables

-15.89

-11.23

-108.32

iFIT Health & Fitness Quarterly Data
	May19	May20	May21
Change In Receivables	-	-	-

iFIT Health & Fitness 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 May. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

iFIT Health & Fitness (NAS:IFIT) 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.

iFIT Health & Fitness's Days Sales Outstanding for the quarter that ended in May. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	73.828	/	0	*	91
=

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

iFIT Health & Fitness's liquidation value for the quarter that ended in May. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	110.244	-	553.285	+	0.75 * 73.828	+	0.5 * 81.581
=	-347

iFIT Health & Fitness Change In Receivables Related Terms

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iFIT Health & Fitness (iFIT Health & Fitness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » iFIT Health & Fitness Inc (NAS:IFIT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1500 South 1000 West, Logan, UT, USA, 84321

Website

https://www.ifit.com

iFIT Health & Fitness Inc is a health and fitness subscription technology company. It is an integrated health and fitness platform, designed to connect proprietary software, experiential content, and interactive hardware to deliver an unmatched connected fitness experience. It has two segments. The Interactive Fitness Products segment, which is the key revenue driver, derives revenue from the sale of the treadmills, bikes, ellipticals, rowers, climbers, strength equipment, fitness mirrors, yoga equipment, and accessories. The Subscription segment derives revenue from iFIT subscriptions and the sale of extended warranties on the fitness equipment.