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TASK Group Holdings (NZSE:TSK) Change In Receivables : NZ$0.00 Mil (TTM As of Sep. 2023)


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What is TASK Group Holdings Change In Receivables?

TASK Group Holdings's change in receivables for the quarter that ended in Sep. 2023 was NZ$0.00 Mil. It means TASK Group Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

TASK Group Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was NZ$0.00 Mil. It means TASK Group Holdings's Accounts Receivable stayed the same from Mar. 2022 to Mar. 2023 .

TASK Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was NZ$13.00 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. TASK Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 64.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TASK Group Holdings's liquidation value for the six months ended in Sep. 2023 was NZ$-0.18 Mil.


TASK Group Holdings Change In Receivables Historical Data

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

TASK Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
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TASK Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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TASK 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$0.00 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.


TASK Group Holdings  (NZSE:TSK) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13/36.674*91
=64.69

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

TASK Group Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=31.07-41.002+0.75 * 13+0.5 * 0
=-0.18

* 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.


TASK Group Holdings Change In Receivables Related Terms

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TASK Group Holdings (NZSE:TSK) Business Description

Traded in Other Exchanges
Address
2 Graham Street, Level 2, Auckland, NZL, 1010
TASK Group Holdings Ltd is a provider of technology solutions enabling its various hospitality clients to maximize their customer relationships in an increasingly digital world. TASK's end-to-end cloud-based platform helps clients to improve customer experiences across every transactional touchpoint, including digital customer-facing services, back-ofhouse and enterprise operations. The Group's ecosystem combines transaction services, personalisation, offer management and BI technology to help clients generate operational efficiencies, drive valuable data insights about their consumer base, activate new promotions and build brand loyalty.

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