NTRP (NextTrip) Change In Receivables : $0.01 Mil (TTM As of Aug. 2024)

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What is NextTrip Change In Receivables?

NextTrip's change in receivables for the quarter that ended in Aug. 2024 was $0.02 Mil. It means NextTrip's Accounts Receivable declined by $0.02 Mil from May. 2024 to Aug. 2024 .

NextTrip's change in receivables for the fiscal year that ended in Feb. 2024 was $-0.66 Mil. It means NextTrip's Accounts Receivable increased by $0.66 Mil from Feb. 2023 to Feb. 2024 .

NextTrip's Accounts Receivable for the quarter that ended in Aug. 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. NextTrip's Days Sales Outstanding for the three months ended in Aug. 2024 was 6.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NextTrip's liquidation value for the three months ended in Aug. 2024 was $-4.91 Mil.

NextTrip Change In Receivables Historical Data

The historical data trend for NextTrip'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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NextTrip Change In Receivables Chart

NextTrip Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Feb23

Feb24

Change In Receivables

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-0.28

-0.08

0.04

0.01

-0.66

NextTrip Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Feb24	May24	Aug24
Change In Receivables	Get a 7-Day Free Trial															0.17	-0.01	-	0.01	0.02

NextTrip 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

NextTrip (NAS:NTRP) 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.

NextTrip's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.011	/	0.154	*	91
=	6.52

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

NextTrip's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.102	-	5.023	+	0.75 * 0.011	+	0.5 * 0
=	-4.91

NextTrip Change In Receivables Related Terms

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NextTrip Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NextTrip Inc (NAS:NTRP) » Definitions » Change In Receivables

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Address

3900 Paseo del Sol, Santa Fe, NM, USA, 87507

Website

https://www.nexttrip.com

NextTrip Inc is a technology-driven platform delivering travel booking and travel media solutions. It provides individual and group travelers with vacations to popular and sought-after destinations in Mexico, the Caribbean, and across the world. NextTrip Media platform - Travel Magazine offers a social media platform for viewers to explore, educate, and share with friends their bucket list travel. The company is also launching an end-to-end content ecosystem that uses AI-assisted travel planning capturing advertising, building brand awareness, rewarding loyalty, and driving bookings.

Executives

Mark Ruport	director, officer: Executive Chairman	5575 MARK DABLING BLVD, SUITE 100, COLORADO SPRINGS CO 80919
Stephan Kuehr	officer: GM of European Operations	LEONHARDYWEG 30, BERLIN 2M 10121
Jacob Brunsberg	officer: Sr VP Product Mgt/Strat Rel	3900 PASEO DEL SOL, SANTA FE NM 87507
Carl I. Schwartz	10 percent owner	20155 N.E. 38TH COURT, UNIT 3104, AVENTURA FL 33180
Frank Orzechowski	officer: CFO, PFO and PAO	3900 PASEO DEL SOL, SANTA FE NM 87507
Darren Beckett	officer: Vice President of Engineering	3900 PASEO DEL SOL, SANTA FE NM 87507
Kent J Summers	director	13 ONONDAGA LANE, MEDFIELD MA 02052
Mark Cola	director, officer: President, CEO and COO	3900 PASEO DEL SOL, SANTA FE NM 87507
Nannette Toups	officer: CFO, PFO and PAO	C/O SIGMA LABS, INC., 3900 PASEO DEL SOL, SANTA FE NM 87507
Salvatore F Battinelli	director	5 CLIFTON AVENUE, MARBLEHEAD MA 01945
Dennis Duitch	director	150 E PALMETTO PARK ROAD, SUITE 510, BOCA RATON FL 33432
John Reynolds Rice	director	3900 PASEO DEL SOL, SANTA FE NM 87507
Fisher Ronald Kenneth Jr	officer: Vice President of Business Dev	3900 PASEO DEL SOL, SANTA FE NM 87507
Frank J Garofalo	director	3900 PASEO DEL SOL, SANTA FE NM 87507
Amanda Cola	officer: VP of Finance and Business Ops	3900 PASEO DEL SOL, SANTA FE NM 87507