PSC Insurance Group (ASX:PSI) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is PSC Insurance Group Change In Receivables?

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

PSC Insurance Group's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means PSC Insurance Group's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

PSC Insurance Group's Accounts Receivable for the quarter that ended in Dec. 2023 was A$12.2 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. PSC Insurance Group's liquidation value for the six months ended in Dec. 2023 was A$-275.9 Mil.

PSC Insurance Group Change In Receivables Historical Data

The historical data trend for PSC Insurance 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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PSC Insurance Group Change In Receivables Chart

PSC Insurance Group Annual Data

Trend

Jun16

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Jun23

Change In Receivables

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PSC Insurance Group Semi-Annual Data
	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												-	-	-	-	-

PSC Insurance 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

PSC Insurance Group (ASX:PSI) 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.

PSC Insurance 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
=	12.174	/	0	*	91
=

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

PSC Insurance 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)
=	334.829	-	619.909	+	0.75 * 12.174	+	0.5 * 0
=	-275.9

PSC Insurance Group Change In Receivables Related Terms

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PSC Insurance Group (ASX:PSI) Business Description

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Address

96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002

Website

https://www.pscinsurancegroup.com.au

PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.