Summerset Group Holdings (NZSE:SUM) Change In Receivables : NZ$0.0 Mil (TTM As of Dec. 2023)

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What is Summerset Group Holdings Change In Receivables?

Summerset Group Holdings's change in receivables for the quarter that ended in Dec. 2023 was NZ$0.0 Mil. It means Summerset Group Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Summerset Group Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was NZ$0.0 Mil. It means Summerset Group Holdings's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Summerset Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was NZ$5.4 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. Summerset Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Summerset Group Holdings's liquidation value for the six months ended in Dec. 2023 was NZ$-4,318.0 Mil.

Summerset Group Holdings Change In Receivables Historical Data

The historical data trend for Summerset Group 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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Summerset Group Holdings Change In Receivables Chart

Summerset Group Holdings Annual Data

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Change In Receivables

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Summerset Group Holdings Semi-Annual Data
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Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Summerset Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$0.0 Mil.

Summerset Group Holdings (NZSE:SUM) 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.

Summerset Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.392	/	143.183	*	91
=	6.87

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

Summerset Group Holdings'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)
=	14.224	-	4336.313	+	0.75 * 5.392	+	0.5 * 0
=	-4,318.0

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Summerset Group Holdings (NZSE:SUM) Business Description

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SNZ:Australia

Address

100 Willis Street, Level 27, Majestic Centre, Wellington, NZL, 6011

Website

https://www.summerset.co.nz

Summerset Group Holdings Ltd operates retirement villages in New Zealand. The company receives a majority of its revenue from the New Zealand Ministry of Health, which subsidizes fees for eligible aged-care residents. Its revenue is primarily derived from care fees and village services income. Summerset provides a range of care for its residents, including in-home care and 24-hour medical-care centers. In addition to its independent-living villas and apartments, Summerset offers supported-living residences, which include assistance with daily activities like shopping and housekeeping.