Grab2Go AS (OTSE:GRB2G) Change In Receivables : €-0.01 Mil (TTM As of Jun. 2023)

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What is Grab2Go AS Change In Receivables?

Grab2Go AS's change in receivables for the quarter that ended in Jun. 2023 was €-0.01 Mil. It means Grab2Go AS's Accounts Receivable increased by €0.01 Mil from Dec. 2022 to Jun. 2023 .

Grab2Go AS's change in receivables for the fiscal year that ended in Dec. 2022 was €0.00 Mil. It means Grab2Go AS's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

Grab2Go AS's Accounts Receivable for the quarter that ended in Jun. 2023 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grab2Go AS's liquidation value for the six months ended in Jun. 2023 was €0.27 Mil.

Grab2Go AS Change In Receivables Historical Data

The historical data trend for Grab2Go AS'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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Grab2Go AS Change In Receivables Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Change In Receivables

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Change In Receivables	-	-	-0.01

Grab2Go AS 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.005	/	0	*	91
=

2. In Ben Graham's calculation of liquidation value, Grab2Go AS's accounts receivable are only considered to be worth 75% of book value:

Grab2Go AS's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.28	-	0.052	+	0.75 * 0.005	+	0.5 * 0.067
=	0.27

Grab2Go AS Change In Receivables Related Terms

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Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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