Infobird Co (Infobird Co) Change In Receivables : $-3.21 Mil (TTM As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Infobird Co Change In Receivables?

Infobird Co's change in receivables for the quarter that ended in Jun. 2023 was $-4.19 Mil. It means Infobird Co's Accounts Receivable increased by $4.19 Mil from Dec. 2022 to Jun. 2023 .

Infobird Co's change in receivables for the fiscal year that ended in Dec. 2022 was $1.99 Mil. It means Infobird Co's Accounts Receivable declined by $1.99 Mil from Dec. 2021 to Dec. 2022 .

Infobird Co's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.00 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. Infobird Co's liquidation value for the six months ended in Jun. 2023 was $-26.50 Mil.

Infobird Co Change In Receivables Historical Data

The historical data trend for Infobird Co'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.

* Premium members only.

Infobird Co Change In Receivables Chart

Infobird Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-0.14

1.37

-1.71

-4.35

1.99

Infobird Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial					0.03	-4.39	1.01	0.98	-4.19

Infobird Co 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.21 Mil.

Infobird Co (NAS:IFBD) 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.

Infobird Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Infobird Co's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.003	-	26.5	+	0.75 * 0	+	0.5 * 0
=	-26.50

Infobird Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Infobird Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Infobird Co (Infobird Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infobird Co Ltd (NAS:IFBD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Courtyard, Lize Zhongyi Road, Boya International Center, Building 2, Room 12A06, Block A, Chaoyang District, Beijing, CHN, 100102

Website

https://www.infobird.com

Infobird Co Ltd is engaged in developing and providing customer engagement cloud-based services. It software-as-a-service, provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. It provides holistic software solutions to help corporate clients proactively deliver and manage end-to-end customer engagement activities at all stages of the sales process including pre-sales and sales activities and post-sales customer support. It also offer AI-powered cloud-based sales force management software including intelligent quality inspection and intelligent training software to help clients monitor, benchmark and improve the performances of agents.