ReadyTech Holdings (ASX:RDY) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is ReadyTech Holdings Change In Receivables?

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

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

ReadyTech Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was A$11.3 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. ReadyTech Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 37.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ReadyTech Holdings's liquidation value for the six months ended in Dec. 2023 was A$-94.0 Mil.

ReadyTech Holdings Change In Receivables Historical Data

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

ReadyTech Holdings Annual Data

Trend

Jun19

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Jun23

Change In Receivables

ReadyTech Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

ReadyTech 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

ReadyTech Holdings (ASX:RDY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.297	/	54.726	*	91
=	37.67

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

ReadyTech Holdings'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)
=	14.918	-	117.401	+	0.75 * 11.297	+	0.5 * 0
=	-94.0

ReadyTech Holdings Change In Receivables Related Terms

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ReadyTech Holdings (ASX:RDY) Business Description

Industry

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Traded in Other Exchanges

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Address

77 King Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.readytech.com.au

ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Education segment. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments and justice departments.