Luxxfolio Holdings (Luxxfolio Holdings) Change In Receivables : $-0.00 Mil (TTM As of Feb. 2024)

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What is Luxxfolio Holdings Change In Receivables?

Luxxfolio Holdings's change in receivables for the quarter that ended in Feb. 2024 was $-0.00 Mil. It means Luxxfolio Holdings's Accounts Receivable increased by $0.00 Mil from Nov. 2023 to Feb. 2024 .

Luxxfolio Holdings's change in receivables for the fiscal year that ended in Aug. 2023 was $0.13 Mil. It means Luxxfolio Holdings's Accounts Receivable declined by $0.13 Mil from Aug. 2022 to Aug. 2023 .

Luxxfolio Holdings's Accounts Receivable for the quarter that ended in Feb. 2024 was $0.01 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. Luxxfolio Holdings's liquidation value for the three months ended in Feb. 2024 was $-0.13 Mil.

Luxxfolio Holdings Change In Receivables Historical Data

The historical data trend for Luxxfolio Holdings'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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Luxxfolio Holdings Change In Receivables Chart

Luxxfolio Holdings Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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0.01

-0.07

0.13

Luxxfolio Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-0.01	0.01	-0.01	-	-

Luxxfolio Holdings 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Luxxfolio Holdings (OTCPK:LUXFF) 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.

Luxxfolio Holdings's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.008	/	0	*	91
=

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

Luxxfolio Holdings's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.025	-	0.158	+	0.75 * 0.008	+	0.5 * 0
=	-0.13

Luxxfolio Holdings Change In Receivables Related Terms

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Luxxfolio Holdings (Luxxfolio Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Luxxfolio Holdings Inc (OTCPK:LUXFF) » Definitions » Change In Receivables

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Traded in Other Exchanges

LUH:Germany LUXX:Canada

Address

417 - 1080 Mainland Street, Vancouver, BC, CAN, V6B 2T4

Website

https://www.luxxfolio.com

Luxxfolio Holdings Inc is a vertically-integrated digital asset company based in Canada. It is a digital infrastructure provider for bitcoin mining and data hosting operations. It earns revenue in the form of Cryptocurrency mining and also generates a substantial part of its revenue from hosting third party miners in the form of fixed monthly charges as well as variable charges based on power consumed. Geographically, it is present in Canada and USA, with a majority of its revenue being derived from its operations in USA.