NXTP (NextPlay Technologies) Change In Receivables: $-11.85 Mil (TTM As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Change In Receivables?

NextPlay Technologies NXTP 14 Change In Receivables is $-11.85 Mil as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

NextPlay Technologies's change in receivables for the quarter that ended in Nov. 2022 was $-1.59 Mil. It means NextPlay Technologies's Accounts Receivable increased by $1.59 Mil from Aug. 2022 to Nov. 2022 .

NextPlay Technologies's change in receivables for the fiscal year that ended in Feb. 2022 was $-7.69 Mil. It means NextPlay Technologies's Accounts Receivable increased by $7.69 Mil from Feb. 2021 to Feb. 2022 .

NextPlay Technologies's Accounts Receivable for the quarter that ended in Nov. 2022 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. NextPlay Technologies's Days Sales Outstanding for the three months ended in Nov. 2022 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NextPlay Technologies's liquidation value for the three months ended in Nov. 2022 was $-54.99 Mil.

NextPlay Technologies  (OTCPK:NXTP) 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.

NextPlay Technologies's Days Sales Outstanding for the quarter that ended in Nov. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.629*91
=0.00

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

NextPlay Technologies's liquidation value for the quarter that ended in Nov. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.911-57.897+0.75 * 0+0.5 * 0
=-54.99

* 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.

NextPlay Technologies Change In Receivables Related Terms

NextPlay Technologies Change In Receivables Historical Data

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The historical data trend for NextPlay 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.

NextPlay Technologies Change In Receivables Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Change In Receivables
0.04 -7.69

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Change In Receivables Get a 7-Day Free Trial 0.72 -6.85 -3.48 0.06 -1.59
NXTP
14GF Score
NextPlay Technologies Inc NXTP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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NextPlay 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 Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.85 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-11.85 Mil mean?
NextPlay Technologies (NXTP) has a Change In Receivables of $-11.85 Mil as of Nov. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for NextPlay Technologies and its competitors.
Is NextPlay Technologies' Change In Receivables too high?
NextPlay Technologies' current Change In Receivables is $-11.85 Mil. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Change In Receivables compare to TAOP and CETX?
NextPlay Technologies' Change In Receivables of $-11.85 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for NextPlay Technologies and its competitors. NextPlay Technologies's current Change In Receivables is $-11.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Change In Receivables of $-11.85 Mil. The current Change In Receivables is $-11.85 Mil. NextPlay Technologies' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For NextPlay Technologies (NXTP), the current Change In Receivables is $-11.85 Mil as of Nov. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
14GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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