Smartgroup (Smartgroup) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)

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What is Smartgroup Change In Receivables?

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

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

Smartgroup's Accounts Receivable for the quarter that ended in Dec. 2023 was $7.5 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. Smartgroup's Days Sales Outstanding for the six months ended in Dec. 2023 was 15.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smartgroup's liquidation value for the six months ended in Dec. 2023 was $-88.7 Mil.

Smartgroup Change In Receivables Historical Data

The historical data trend for Smartgroup'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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Smartgroup Change In Receivables Chart

Smartgroup Annual Data

Trend

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Dec23

Change In Receivables

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Smartgroup Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial														-	-	-	-	-

Smartgroup 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 $0.0 Mil.

Smartgroup (OTCPK:STGXF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.549	/	90.353	*	91
=	15.25

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

Smartgroup'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)
=	21.95	-	116.268	+	0.75 * 7.549	+	0.5 * 0
=	-88.7

Smartgroup Change In Receivables Related Terms

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Smartgroup (Smartgroup) Business Description

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SIQ:Australia

Address

133 Castlereagh Street, National Head Office, Level 8, Sydney, NSW, AUS, 2000

Website

http://www.smartgroup.com.au

Smartgroup Corporation is an Australia-based company that provides specialist employee management services. Its services include salary packaging, novated leasing, vehicle fleet management, payroll administration, employee share plan administration and workforce optimization. The operating segments of the company are: outsourced administration, or OA, vehicle services, or VS, and software, distribution and group services, or SDGS. Bulk of the group's revenue is generated from the OA segment which provides outsourced salary packaging services, novated leasing, share plan administration and outsourced payroll services. VS segment provides end-to-end vehicle fleet management services.

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