BMIT Technologies (MAL:BMIT) Change In Receivables : €0.00 Mil (TTM As of Dec. 2023)

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What is BMIT Technologies Change In Receivables?

BMIT Technologies's change in receivables for the quarter that ended in Dec. 2023 was €0.00 Mil. It means BMIT Technologies's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

BMIT Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was €-9.31 Mil. It means BMIT Technologies's Accounts Receivable increased by €9.31 Mil from Dec. 2022 to Dec. 2023 .

BMIT Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was €1.12 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. BMIT Technologies's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BMIT Technologies's liquidation value for the six months ended in Dec. 2023 was €-65.21 Mil.

BMIT Technologies Change In Receivables Historical Data

The historical data trend for BMIT Technologies'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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BMIT Technologies Change In Receivables Chart

BMIT Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.73

-0.44

2.18

0.05

-9.31

BMIT Technologies Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial							-	-	-	-	-

BMIT Technologies 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

BMIT Technologies (MAL:BMIT) 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.

BMIT Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.117	/	13.829	*	91
=	14.74

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

BMIT Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.752	-	69.873	+	0.75 * 1.117	+	0.5 * 0.147
=	-65.21

BMIT Technologies Change In Receivables Related Terms

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BMIT Technologies (MAL:BMIT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » BMIT Technologies PLC (MAL:BMIT) » Definitions » Change In Receivables

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Address

Building SCM 02, Level 2, SmartCity Ricasoli, SCM, Kalkara, MLT, 1001

Website

https://www.bmit.com.mt

BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and Infrastructure and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The Group's revenues are derived predominantly from operations carried out in Malta. However, it also derives revenue from companies operating out of Malta.

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