Prestige Wealth (Prestige Wealth) Change In Receivables : $0.00 Mil (TTM As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Prestige Wealth Change In Receivables?

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

Prestige Wealth's change in receivables for the fiscal year that ended in Sep. 2023 was $0.01 Mil. It means Prestige Wealth's Accounts Receivable declined by $0.01 Mil from Sep. 2022 to Sep. 2023 .

Prestige Wealth's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.27 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. Prestige Wealth's liquidation value for the six months ended in Sep. 2023 was $-0.05 Mil.

Prestige Wealth Change In Receivables Historical Data

The historical data trend for Prestige Wealth'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.

* Premium members only.

Prestige Wealth Change In Receivables Chart

Prestige Wealth Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Change In Receivables

0.06

-0.03

-0.34

0.01

Prestige Wealth Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Prestige Wealth 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 $0.00 Mil.

Prestige Wealth (NAS:PWM) 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.

Prestige Wealth's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.273	/	-0.217	*	91
=

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

Prestige Wealth'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)
=	0.431	-	0.681	+	0.75 * 0.273	+	0.5 * 0
=	-0.05

Prestige Wealth Change In Receivables Related Terms

Thank you for viewing the detailed overview of Prestige Wealth's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Prestige Wealth (Prestige Wealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prestige Wealth Inc (NAS:PWM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.prestigewm.hk

Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines

From GuruFocus

Prestige Wealth Inc. Announces Closing of Initial Public Offering

By Marketwired • 07-10-2023

Prestige Wealth Inc. Announces Pricing of Initial Public Offering

By GlobeNewswire • 07-06-2023

Prestige Wealth Inc. to Change Business Address

By Marketwired • 07-31-2023

Prestige Wealth Inc. Announces Pricing of Initial Public Offering

By Marketwired • 07-06-2023