Bowen Fintech (LSE:BWN) Change In Receivables : £0.00 Mil (TTM As of Oct. 2023)

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What is Bowen Fintech Change In Receivables?

Bowen Fintech's change in receivables for the quarter that ended in Oct. 2023 was £0.00 Mil. It means Bowen Fintech's Accounts Receivable stayed the same from Apr. 2023 to Oct. 2023 .

Bowen Fintech's change in receivables for the fiscal year that ended in Apr. 2023 was £-0.01 Mil. It means Bowen Fintech's Accounts Receivable increased by £0.01 Mil from Apr. 2022 to Apr. 2023 .

Bowen Fintech's Accounts Receivable for the quarter that ended in Oct. 2023 was £0.00 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. Bowen Fintech's liquidation value for the six months ended in Oct. 2023 was £1.57 Mil.

Bowen Fintech Change In Receivables Historical Data

The historical data trend for Bowen Fintech'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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Bowen Fintech Change In Receivables Chart

Bowen Fintech Annual Data

Trend

Apr22

Apr23

Change In Receivables

-0.01

Bowen Fintech Semi-Annual Data
	Apr22	Oct22	Apr23	Oct23
Change In Receivables	-	-	-	-

Bowen Fintech 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Bowen Fintech (LSE:BWN) 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.

Bowen Fintech's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

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

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

Bowen Fintech's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.589	-	0.017	+	0.75 * 0	+	0.5 * 0
=	1.57

Bowen Fintech Change In Receivables Related Terms

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Bowen Fintech (LSE:BWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bowen Fintech PLC (LSE:BWN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Ince Gordon Dadds LLP, 2 Leman Street, Aldgate Tower, London, GBR, E1 8QN

Website

https://www.ukbowen.com

Bowen Fintech PLC objective is to undertake an acquisition of a target company or asset in the technology innovations sector with a particular focus on the financial services industry.