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PlayAGS (PlayAGS) Change In Receivables : $-5.7 Mil (TTM As of Mar. 2024)


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What is PlayAGS Change In Receivables?

PlayAGS's change in receivables for the quarter that ended in Mar. 2024 was $-2.4 Mil. It means PlayAGS's Accounts Receivable increased by $2.4 Mil from Dec. 2023 to Mar. 2024 .

PlayAGS's change in receivables for the fiscal year that ended in Dec. 2023 was $-7.7 Mil. It means PlayAGS's Accounts Receivable increased by $7.7 Mil from Dec. 2022 to Dec. 2023 .

PlayAGS's Accounts Receivable for the quarter that ended in Mar. 2024 was $71.0 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. PlayAGS's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PlayAGS's liquidation value for the three months ended in Mar. 2024 was $-481.9 Mil.


PlayAGS Change In Receivables Historical Data

The historical data trend for PlayAGS'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.

PlayAGS Change In Receivables Chart

PlayAGS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.03 16.47 -8.13 -10.53 -7.69

PlayAGS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.39 -2.52 -0.63 -0.14 -2.36

PlayAGS 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.7 Mil.

* 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.


PlayAGS  (NYSE:AGS) 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.

PlayAGS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=70.998/95.973*91
=67.50

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

PlayAGS's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=40.362-593.749+0.75 * 70.998+0.5 * 36.547
=-481.9

* 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.


PlayAGS Change In Receivables Related Terms

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PlayAGS (PlayAGS) Business Description

Traded in Other Exchanges
N/A
Address
6775 S. Edmond Street, Suite 300, Las Vegas, NV, USA, 89118
PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the global marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from the Electronic Gaming Machines segment and geographically from the United States.
Executives
Robert Barron Ziems officer: Chief Legal Officer, Secretary 6775 S. EDMOND ST., STE. 300, LAS VEGAS NV 89118
Adam Chibib director 7501B NORTH CAPITAL OF TEXAS HGHWY, AUSTIN TX 78731
Anna Massion director 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Ap Gaming Voteco, Llc 10 percent owner 5475 S. DECATUR BLVD., LAS VEGAS NV 89118
David-jacques Farahi director 3800 S. VIRGINIA STREET, RENO NV 89502
David Lopez officer: Chief Executive Officer 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Kimo Akiona officer: Treas, CFO & Chief Acctg. Off. 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Victor Gallo officer: GC, Secy. & Compliance Officer 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Geoff Freeman director 5475 S. DECATUR BLVD., SUITE 100, LAS VEGAS NV 89118
Yvette Landau director
Eric Press director 1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Marc J Rowan 10 percent owner APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
David Sambur director, other: See Remarks 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sigmund Lee officer: Chief Tech. Officer 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Daniel Evan Cohen director, other: See Remarks C/O APOLLO GLOBAL MANAGEMENT, L.P., 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019