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iLearningEngines (iLearningEngines) Change In Receivables : $-33.7 Mil (TTM As of Jun. 2023)


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What is iLearningEngines Change In Receivables?

iLearningEngines's change in receivables for the quarter that ended in Jun. 2023 was $-19.2 Mil. It means iLearningEngines's Accounts Receivable increased by $19.2 Mil from Dec. 2022 to Jun. 2023 .

iLearningEngines's change in receivables for the fiscal year that ended in Dec. 2022 was $-28.2 Mil. It means iLearningEngines's Accounts Receivable increased by $28.2 Mil from Dec. 2021 to Dec. 2022 .

iLearningEngines's Accounts Receivable for the quarter that ended in Jun. 2023 was $48.5 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. iLearningEngines's Days Sales Outstanding for the six months ended in Jun. 2023 was 45.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. iLearningEngines's liquidation value for the six months ended in Jun. 2023 was $-56.8 Mil.

iLearningEngines Change In Receivables Historical Data

The historical data trend for iLearningEngines'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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iLearningEngines Change In Receivables Chart

iLearningEngines Annual Data
Trend Dec20 Dec21 Dec22
Change In Receivables
-5.91 -6.47 -28.21

iLearningEngines Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Change In Receivables - - -13.79 -14.42 -19.24

iLearningEngines 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 $-33.7 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.

iLearningEngines  (NAS:AILE) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.515/195.225*91
=45.35

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

iLearningEngines'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)
=4.862-98.063+0.75 * 48.515+0.5 * 0
=-56.8

* 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.

iLearningEngines Change In Receivables Related Terms

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iLearningEngines (iLearningEngines) Business Description

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Address
6701 Democracy Boulevard, Suite 300, Bethesda, MD, USA, 20817
Website
https://www.ilearningengines.com
iLearningEngines Inc is an AI and automation platform that empowers its customers to productize their institutional knowledge by transforming it into actionable intellectual property that enhances outcomes for employees, customers and other stakeholders. Its platform enables enterprises to build intelligent Knowledge Clouds that incorporate large volumes of structured and unstructured information across disparate internal and external systems and to automate organizational processes that leverage these Knowledge Clouds to improve performance. The company combines its offerings with vertically focused capabilities and data models to operationalize AI and automation to effectively and efficiently address critical challenges facing its customers.