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Kindred Group (Kindred Group) Change In Receivables : $5 Mil (TTM As of Mar. 2024)


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What is Kindred Group Change In Receivables?

Kindred Group's change in receivables for the quarter that ended in Mar. 2024 was $-4 Mil. It means Kindred Group's Accounts Receivable increased by $4 Mil from Dec. 2023 to Mar. 2024 .

Kindred Group's change in receivables for the fiscal year that ended in Dec. 2023 was $2 Mil. It means Kindred Group's Accounts Receivable declined by $2 Mil from Dec. 2022 to Dec. 2023 .

Kindred Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $87 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. Kindred Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 20.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kindred Group's liquidation value for the three months ended in Mar. 2024 was $-432 Mil.


Kindred Group Change In Receivables Historical Data

The historical data trend for Kindred Group'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.

Kindred Group Change In Receivables Chart

Kindred Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.04 -1.75 3.19 -17.66 2.15

Kindred Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -6.43 -3.28 -6.56 18.86 -3.81

Kindred Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5 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.


Kindred Group  (OTCPK:KNDGF) 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.

Kindred Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=86.785/390.978*91
=20.25

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

Kindred Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=295.553-792.503+0.75 * 86.785+0.5 * 0
=-432

* 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.


Kindred Group Change In Receivables Related Terms

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Kindred Group (Kindred Group) Business Description

Address
C/o Camilleri Preziosi, South Street, Level 2, Valletta Buildings, Valletta, MLT, VLT 1103
Kindred Group PLC is an online gambling and gaming business that licenses online casino, poker, bingo, and sports betting. Its geographical reporting segments are as follows: the Nordics, Western Europe, Central, Eastern & Southern Europe, and Other. The company derives a majority of its revenue from Western Europe through gross winnings, betting duties, marketing revenue share, and other cost of sales. It operates through several different online brands, such as Unibet, Bingo.com, Maria Casino, and iGame. The Casino & Games products account for the most revenue, followed by Sports Betting, Poker, and Other.

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