AGM Group Holdings (AGM Group Holdings) Change In Receivables : $0.0 Mil (TTM As of Jun. 2023)

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What is AGM Group Holdings Change In Receivables?

AGM Group Holdings's change in receivables for the quarter that ended in Jun. 2023 was $0.0 Mil. It means AGM Group Holdings's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

AGM Group Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was $-119.0 Mil. It means AGM Group Holdings's Accounts Receivable increased by $119.0 Mil from Dec. 2021 to Dec. 2022 .

AGM Group Holdings's Accounts Receivable for the quarter that ended in Jun. 2023 was $64.5 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. AGM Group Holdings's liquidation value for the three months ended in Jun. 2023 was $-35.6 Mil.

AGM Group Holdings Change In Receivables Historical Data

The historical data trend for AGM Group 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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AGM Group Holdings Change In Receivables Chart

AGM Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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0.58

-2.61

-119.01

AGM Group Holdings Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial											-	-	-	-	-

AGM Group 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

AGM Group Holdings (NAS:AGMH) 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.

AGM Group Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	64.497	/	0	*	91
=

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

AGM Group Holdings'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)
=	3.743	-	92.922	+	0.75 * 64.497	+	0.5 * 10.395
=	-35.6

AGM Group Holdings Change In Receivables Related Terms

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AGM Group Holdings (AGM Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AGM Group Holdings Inc (NAS:AGMH) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

C/o Creative Consultants (Hong Kong) Limited, 185 Wanchai Road, Room 1502-3, 15th Floor, Connuaght Commercial Building, Wanchai, Hong Kong, HKG

Website

http://www.agmprime.com

AGM Group Holdings Inc is an investment holding company. The company focuses on blockchain-oriented ASIC chip design; high-end crypto miner production and fintech technology software service. It generates maximum revenue from the sale of cryptocurrency mining machines and standardized computing equipment.