The Glimpse Group (The Glimpse Group) Change In Receivables : $0.71 Mil (TTM As of Dec. 2023)

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What is The Glimpse Group Change In Receivables?

The Glimpse Group's change in receivables for the quarter that ended in Dec. 2023 was $-0.04 Mil. It means The Glimpse Group's Accounts Receivable increased by $0.04 Mil from Sep. 2023 to Dec. 2023 .

The Glimpse Group's change in receivables for the fiscal year that ended in Jun. 2023 was $0.13 Mil. It means The Glimpse Group's Accounts Receivable declined by $0.13 Mil from Jun. 2022 to Jun. 2023 .

The Glimpse Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $1.25 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. The Glimpse Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Glimpse Group's liquidation value for the three months ended in Dec. 2023 was $-1.12 Mil.

The Glimpse Group Change In Receivables Historical Data

The historical data trend for The Glimpse Group'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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The Glimpse Group Change In Receivables Chart

The Glimpse Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

-0.02

-0.09

-0.41

-0.30

0.13

The Glimpse Group Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial												-0.73	0.33	0.18	0.25	-0.04

The Glimpse Group 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 quarterly data reported by the company within the most recent 12 months, which was $0.71 Mil.

The Glimpse Group (NAS:VRAR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.246	/	2.076	*	91
=	54.77

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

The Glimpse Group'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)
=	5.221	-	7.278	+	0.75 * 1.246	+	0.5 * 0
=	-1.12

The Glimpse Group Change In Receivables Related Terms

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The Glimpse Group (The Glimpse Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Glimpse Group Inc (NAS:VRAR) » Definitions » Change In Receivables

Comparable Companies

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Traded in Other Exchanges

9DR:Germany

Address

15 West 38th Street, 12th Floor, New York, NY, USA, 10018

Website

https://www.theglimpsegroup.com

The Glimpse Group Inc is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software and services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.

Executives

Lemuel Amen	director	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Tyler Gates	officer: Chief Futurist Officer	4154 36TH STREET, ARLINGTON VA 22206
Alexander Ruckdaeschel	director	123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Jeffrey Ralph Meisner	director, officer: Chief Revenue Officer	401 PALLADIAN BLVD., SOUTHLAKE TX 76092
Lyron L Bentovim	director, 10 percent owner, officer: President & CEO	60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Maydan Rothblum	director, officer: Chief Financial Officer & COO	19655 DESCARTES, FOOTHILL RANCH CA 92610
Jeffrey D. Enslin	director	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Ian Morgan Charles	director	35 ANTILLES WAY, TIBURON CA 94920
David John Smith	director, 10 percent owner, officer: Chief Creative Officer	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Sharon T Rowlands	director	195 BROADWAY, NEW YORK NY 10007