PMAX (Powell Max) Change In Receivables : $-0.50 Mil (TTM As of Jun. 2024)

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What is Powell Max Change In Receivables?

Powell Max's change in receivables for the quarter that ended in Jun. 2024 was $-0.48 Mil. It means Powell Max's Accounts Receivable increased by $0.48 Mil from Dec. 2023 to Jun. 2024 .

Powell Max's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.72 Mil. It means Powell Max's Accounts Receivable increased by $0.72 Mil from Dec. 2022 to Dec. 2023 .

Powell Max's Accounts Receivable for the quarter that ended in Jun. 2024 was $1.92 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. Powell Max's Days Sales Outstanding for the six months ended in Jun. 2024 was 120.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Powell Max's liquidation value for the six months ended in Jun. 2024 was $-3.83 Mil.

Powell Max Change In Receivables Historical Data

The historical data trend for Powell Max'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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Powell Max Change In Receivables Chart

Powell Max Annual Data

Trend

Dec22

Dec23

Change In Receivables

-0.06

-0.72

Powell Max Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Change In Receivables	-	-0.70	-0.02	-0.48

Powell Max 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.50 Mil.

Powell Max (NAS:PMAX) 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.

Powell Max's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.915	/	2.911	*	91
=	120.06

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

Powell Max's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.266	-	5.528	+	0.75 * 1.915	+	0.5 * 0
=	-3.83

Powell Max Change In Receivables Related Terms

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Powell Max Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Powell Max Ltd (NAS:PMAX) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

13-14 Connaught Road Central, 22th floor, Euro Trade Centre, Hong Kong, HKG

Website

https://www.janfp.com

Powell Max Ltd is an financial communications services provider. Its financial communications services cover a full range of financial printing, corporate reporting, communications and language support services from inception to completion, including typesetting, proofreading, translation, design, printing, electronic reporting, newspaper placement and distribution. It operates in a single business segment which is the provision of corporate financial communications and financial printing services. Key revenue is derived from Hong Kong.