NextPoint Financial (NextPoint Financial) Change In Receivables : $-35.3 Mil (TTM As of Mar. 2022)

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What is NextPoint Financial Change In Receivables?

NextPoint Financial's change in receivables for the quarter that ended in Mar. 2022 was $-31.2 Mil. It means NextPoint Financial's Accounts Receivable increased by $31.2 Mil from Sep. 2021 to Mar. 2022 .

NextPoint Financial's change in receivables for the fiscal year that ended in Dec. 2020 was $0.0 Mil. It means NextPoint Financial's Accounts Receivable stayed the same from . 20 to Dec. 2020 .

NextPoint Financial's Accounts Receivable for the quarter that ended in Mar. 2022 was $18.1 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. NextPoint Financial's Days Sales Outstanding for the three months ended in Mar. 2022 was 14.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NextPoint Financial's liquidation value for the three months ended in Mar. 2022 was $-476.3 Mil.

NextPoint Financial Change In Receivables Historical Data

The historical data trend for NextPoint Financial'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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NextPoint Financial Change In Receivables Chart

NextPoint Financial Annual Data

Trend

Dec20

Change In Receivables

NextPoint Financial Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22
Change In Receivables	Get a 7-Day Free Trial			-	-0.01	0.01	-4.09	-31.19

NextPoint Financial 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.3 Mil.

NextPoint Financial (OTCPK:NACQQ) 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.

NextPoint Financial's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.114	/	113.749	*	91
=	14.53

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

NextPoint Financial's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	36.711	-	526.547	+	0.75 * 18.114	+	0.5 * 0
=	-476.3

NextPoint Financial Change In Receivables Related Terms

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NextPoint Financial (NextPoint Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NextPoint Financial Inc (OTCPK:NACQQ) » Definitions » Change In Receivables

Traded in Other Exchanges

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Address

500 Grapevine Highway, Suite 402, Hurst, Texas, TX, USA, 76054

Website

https://www.nextpointfinancial.com

NextPoint Financial Inc is an all-inclusive marketplace for financial services empowering consumers and small businesses to get to NextPoint in their financial futures. It operates through Liberty Tax which is a tax preparation service that serves clients in the United States and Canada; LoanMe which is an online lending platform that serves customers in the United States; and The Community Tax segment provides tax debt resolution services and other tax-related services in the United States.

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