Auction Technology Group (LSE:ATG) Change In Receivables : £2.8 Mil (TTM As of Mar. 2024)

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What is Auction Technology Group Change In Receivables?

Auction Technology Group's change in receivables for the quarter that ended in Mar. 2024 was £1.2 Mil. It means Auction Technology Group's Accounts Receivable declined by £1.2 Mil from Sep. 2023 to Mar. 2024 .

Auction Technology Group's change in receivables for the fiscal year that ended in Sep. 2023 was £-3.3 Mil. It means Auction Technology Group's Accounts Receivable increased by £3.3 Mil from Sep. 2022 to Sep. 2023 .

Auction Technology Group's Accounts Receivable for the quarter that ended in Mar. 2024 was £20.2 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. Auction Technology Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 42.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Auction Technology Group's liquidation value for the six months ended in Mar. 2024 was £-189.0 Mil.

Auction Technology Group Change In Receivables Historical Data

The historical data trend for Auction Technology 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.

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Auction Technology Group Change In Receivables Chart

Auction Technology Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-0.52

-1.93

-0.44

0.30

-3.26

Auction Technology Group Semi-Annual Data
	Sep18	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial					-2.71	3.01	-4.81	1.55	1.24

Auction Technology 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 semi-annually data reported by the company within the most recent 12 months, which was £2.8 Mil.

Auction Technology Group (LSE:ATG) 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.

Auction Technology 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
=	20.182	/	86.022	*	91
=	42.82

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

Auction Technology 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)
=	5.604	-	209.746	+	0.75 * 20.182	+	0.5 * 0
=	-189.0

Auction Technology Group Change In Receivables Related Terms

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Auction Technology Group (LSE:ATG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Auction Technology Group PLC (LSE:ATG) » Definitions » Change In Receivables

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Traded in Other Exchanges

ATHGF:USA ATGl:UK 684:Germany

Address

65 Southwark Street, The Harlequin Building, London, GBR, SE1 0HR

Website

https://www.auctiontechnologygroup.com

Auction Technology Group PLC is engaged in the provision of auction technology software and related services to auction houses and other customers. Its goal is to simplify and integrate multiple parts of the online auction process, from the cataloguing of items to marketing, auction hosting, bidding and recent payment solutions. The group has four segments namely Arts and Antiques, Industrial and Commercial, Auction services, and Content. The majority of revenue is generated from Art & Antiques segment. Geographically the company serves the United Kingdom, Germany, and USA, where the majority of revenue is generated from USA.

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