TRUG (TruGolf Holdings) Change In Receivables : $-2.14 Mil (TTM As of Sep. 2024)

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What is TruGolf Holdings Change In Receivables?

TruGolf Holdings's change in receivables for the quarter that ended in Sep. 2024 was $-1.91 Mil. It means TruGolf Holdings's Accounts Receivable increased by $1.91 Mil from Jun. 2024 to Sep. 2024 .

TruGolf Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.24 Mil. It means TruGolf Holdings's Accounts Receivable increased by $0.24 Mil from Dec. 2021 to Dec. 2022 .

TruGolf Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was $4.54 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. TruGolf Holdings's Days Sales Outstanding for the three months ended in Sep. 2024 was 66.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TruGolf Holdings's liquidation value for the three months ended in Sep. 2024 was $-15.25 Mil.

TruGolf Holdings Change In Receivables Historical Data

The historical data trend for TruGolf 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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TruGolf Holdings Change In Receivables Chart

TruGolf Holdings Annual Data

Trend

Dec21

Dec22

Change In Receivables

-1.48

-0.24

TruGolf Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial							0.11	-	0.47	-0.70	-1.91

TruGolf 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.14 Mil.

TruGolf Holdings (NAS:TRUG) 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.

TruGolf Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.542	/	6.237	*	91
=	66.45

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

TruGolf Holdings's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.452	-	27.266	+	0.75 * 4.542	+	0.5 * 2.324
=	-15.25

TruGolf Holdings Change In Receivables Related Terms

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TruGolf Holdings Business Description

Industry

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Traded in Other Exchanges

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Address

60 North 1400 West, Centerville, UT, USA, 84014

Website

https://www.trugolf.com

TruGolf Holdings Inc is a indoor golf gaming solutions company. It has built video games ("Links"), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT.